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Freight Management Holdings Berhad Announces Joint Venture With Scomi Energy Services Bhd

Sunday, 2 Jun 2013 08:00pm EDT 

Freight Management Holdings Berhad announced that the Company and Scomi Energy Services Bhd (SESB) have embarked on a joint venture (Joint Venture), by entering into the following joint venture agreements, on June 3, 2013 a joint venture agreement for the purpose of setting up a joint venture company (Vessel Owner) to jointly acquire and own marine vessels (Vessel Owner JVA); and a joint venture agreement for the purpose of setting up another joint venture company (Vessel Operator) to jointly operate marine vessels (Vessel Operator JVA), with a view to jointly pursue business relating to the provision of services to the oil and gas industry in South East Asia. 

Company Quote

-0.02 -1.23%
19 Dec 2014