BRIEF-Beng Kuang Marine Enters Into Legally Binding Joint Venture Agreement With Epsilon Navigation

Reuters
Mar 06
BRIEF-Beng Kuang Marine Enters Into Legally Binding Joint Venture Agreement With Epsilon Navigation

March 6 (Reuters) - Beng Kuang Marine Ltd BENK.SI:

  • ENTERED INTO A LEGALLY BINDING JOINT VENTURE AGREEMENT WITH EPSILON NAVIGATION

  • PARTIES WILL JOINTLY RUN A SPECIAL PURPOSE VEHICLE KNOWN AS OFFSHORE COLLECTIVE PTE LTD

  • PARTIES TO ENLARGE INITIAL ISSUED SHARE CAPITAL OF SPV FROM S$50,000 TO S$1.4 MILLION

Further company coverage: BENK.SI

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

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