KUALA LUMPUR: Barakah Offshore Petroleum Bhd
has proposed the disposal of the Kota Laksamana 101 Barge (KL101 Barge) to PT Wintermar Rajawali Asia for US$9.7mil (RM41.81mil) in cash.
In a filing with Bursa Malaysia, Barakah said its indirect wholly-owned subsidiary, Kota Laksamana 101 Ltd entered into a conditional memorandum of agreement with PT Wintermar Rajawali Asia for the proposed disposal of KL 101 Barge.
