KUALA LUMPUR: Malaysian Bulk Carriers Bhd
’s (MBC) indirect wholly-owned subsidiary, Kekal Shipping Pte Ltd, plans to obtain a shareholders’ mandate for the disposal of a bulk carrier, Alam Kekal, for an indicative disposal consideration of US$30 million (RM138.68 million).
In a filing with Bursa Malaysia today, the company said Alam Kekal was one of three vessels ordered by the group in 2016 as part of a portfolio rebalancing exercise and to maintain a modern fleet of more fuel-efficient economical vessels.
