Brief: Vallianz Holdings to consolidate yard operations in Indonesia

Vallianz Holdings

05/01/2017 23:10

Jan 6 (Reuters) - Vallianz Holdings Limited: 
    * Vallianz Streamlines Operations To Focus Its Resources On 
Core Vessel Chartering Business  VHLD.SI  
    * Vallianz holdings ltd - at end of 2016, group has ceased 
operations at its shipyard in Singapore 
    * Vallianz holdings ltd - decided to consolidate its yard 
operations at its marine base in Batam, Indonesia 
    * Vallianz holdings ltd - closure of non-core business units 
is part of a rightsizing exercise that is expected to reap cost 
savings for group 
 
Source text for Eikon:  ID:nSNZ25QvzW  
Further company coverage:  VHLD.SI  
 
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