T7 Global to form JV for marine services


PETALING JAYA: T7 Global Bhd’s unit has entered into a heads of agreement to form a joint-venture company (JV Co) with C2C-DB Systems Pvt Ltd and Marine Crest Technology Sdn Bhd (MCT) to engage in marine services and the naval technology business in Malaysia.

“The parties have agreed to form a JV Co for marine services and the naval technology business in Malaysia, inclusive of supply, re-fit, refurbishment and upgrade contracts for ships and vessels,” said T7 in a stock-exchange filing.

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