Brief: Wellard Ltd Says Wellard To Sell M/V Ocean Ute For Us$12.0M
July 1 (Reuters) - Wellard Ltd WLD.AX :
* WELLARD TO SELL M/V OCEAN UTE FOR US$12.0M
* BOARD INTENDS TO RETURN MAJORITY OF NET SALES PROCEEDS TO
SHAREHOLDERS
Further company coverage: WLD.AX
((Reuters.Briefs@thomsonreuters.com;))