Maybulk proposes RM139 mil vessel disposal to fund future diversification move
20 Jun 2023
KUALA LUMPUR (June 20): Malaysian Bulk Carriers Bhd (Maybulk) has proposed to dispose of its bulk carrier Alam Kekal to realise the vessel’s increased market value amid elevated commodity demand.
In a bourse filing on Tuesday (June 20), the dry bulk carrier operator said it proposes to obtain a shareholders’ mandate for the vessel’s disposal to a non-related third party for a cash consideration of not lower than 90% of the market value as ascribed by an independent valuer.
Izzul Ikram (2023, Jun 20) Maybulk proposes RM139 mil vessel disposal to fund future diversification move
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