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.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

US GDP rose 2% in early 2026 in sign of economy’s resilience
Coastal Contracts secures RM7mil charter contract
BAssets disposes of stake in BCorp for RM7mil
Jaycorp acquires RE subsidiary for RM15mil, to diversify business
Inspace Creation posts 1Q profit ahead of ACE Market listing
IOI Properties poised to enter FBM KLCI in June review
Cropmate auditors raise going concern concerns following MACC account freeze
F&N to manage cost pressures and supply chain disruptions
Scanwolf wins RM6mil industrial development job
Country Heights to take over Mines Beach Resort after agreement termination

Others Also Read