Maybulk to list POSH in Singapore

Malaysian Bulk Carriers Bhd (Maybulk), the countrys largest dry bulk player, expects to list its 21.23%-owned associate PACC Offshore Services Holdings Pte Ltd (POSH) by the end of this year or early next year. POSH currently operates a fleet of about 100 vessels and has a number of vessels under construction including two semi-submersible accommodation vessels, with total CAPEX commitment of more than $600m, to be delivered in 2013/2015.

via Sundaily

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