Shareholder trims stake in FSL Trust

Singapore: An important shareholder of Singapore’s First Ship Lease Trust (FSL Trust) has sold a slice of its holding. London-listed Eclectic Investment Company has revealed it is no longer a significant shareholder in the shipping trust which has a mixed fleet of 25 vessels.

Eclectic was revealed as a large shareholder in FSL last September when its shareholding went above 5%.  [10/03/14]

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