PETALING JAYA: Marine & General Bhd
(M&G) has completed the disposal of its vessel JM Sutera 6 for RM31.54mil to Thailand’s Lion Great Energy Co Ltd.
In a filing with Bursa Malaysia, M&G said the disposal was in line with M&G’s fleet optimisation strategy to dispose of its older vessels, as well as the group’s strategic initiative to reduce the average age of its tankers.
