Brief: Belships Has Entered Into An Agreement To Divest Its 100 Per Cent Shareholding In Belships Management (Singapore) Pte Ltd

Belships ASA

10/07/2023 05:08

July 10 (Reuters) - Belships ASA  BELCO.OL :
    * STRATEGIC PARTNERSHIP AND DIVESTMENT OF TECHNICAL
MANAGEMENT
BUSINESS
    * BELSHIPS HAS ENTERED INTO AN AGREEMENT TO DIVEST ITS 100
PER
CENT SHAREHOLDING IN BELSHIPS MANAGEMENT (SINGAPORE) PTE LTD
    * NET CASH PROCEEDS WILL BE ABOUT USD 12.5M AND INCLUDES
DEFERRED
PAYMENT FOR OFFICE

Source text for Eikon:  ID:nGNE2zhVq 
Further company coverage:  BELCO.OL 

 ((Reuters.Briefs@thomsonreuters.com;))