MGB acquires steel oil tanker for RM55mil


PETALING JAYA: Marine & General Bhd (MGB) is acquiring a vessel, JM Sutera 9, from Muhibbah Engineering (M) Bhd for RM55.19mil.

In a filing with Bursa Malaysia, MGB said the vessel is a clean petroleum product tanker built in Malaysia in 2022 with an expected lifespan of 25 years.

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