Sealink International Bhd : Qtrly net loss 36 million rgt . Qtrly revenue 13.1 million rgt .Year ago qtrly revenue 25.4 million rgt; year ago qtrly net loss 6.1 million rgt.
Sealink International Bhd : Entered into settlement agreement with Boustead Penang Shipyard on 12 Oct . Accepted settlement sum of usd1.5 miln as full settlement of all claims arising out of shipbuilding contract dated april 2008 . Settlement would be positive for co as co will receive and recognize a gain of usd1.5 million .Settlement will be positive to the earnings of company for the financial year ending 31 december 2016.