M&G enters JV to expand vessel maintenance and repair services


KUALA LUMPUR: Marine & General Bhd (M&G) said its subsidiaries have entered into a joint venture agreement to undertake vessel maintenance, repair and docking-related businesses.

In a filing with Bursa Malaysia, the group said its wholly owned subsidiary, M&G Marine Services Sdn Bhd, and its 70%-owned unit, Jasa Merin (Malaysia) Sdn Bhd, have entered into a joint venture agreement with Nautica Energy Services Sdn Bhd.

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