Straits Inter Logistics unit proposes RM18.6mil vessel purchase


KUALA LUMPUR: Straits Inter Logistics Bhd subdisiary SMF Eden Maritime Ltd has proposed to acquire an oil tanker from Millenium Satu Ltd for a purchase consideration of US$4.5mil (RM18.6mil) cash.

The group said in a filing with Bursa malaysia that the purchase consideration is to be satisfied over a period of 36 months from the delivery date.

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