Sapura Energy unit sells pipe-laying vessel for R英超直播M312mil
It said the cash generated from the proposed disposal of Sapura 3000 would be utilised for working capital and to reduce the borrowings of the group.
“The price of the vess NBA直播 el was based on a willi 足球直播 ng buyer, willing seller basis, after conducting an international request for proposal process,” Sapura Energy said in a stock exchange filing.
Sapura 3000, a versatile heavy-lift pipe-laying vessel, equipped with a 3,000 short tonnes revolving mast crane capable of executing deep and shallow water projects, was built in 2008 and is currently sailing under the Malaysian flag.
The deal was signed on Friday with Safeen Feeder Company, a unit in the Abu Dhabi Ports Group.
The sale of the asset is expected to be completed by the middle of July this year.
KUALA LUMPUR: Sapura Energy Bhd’s wholly-owned 英超直播 subsidiary, Sapura 3000 Pte Ltd, has entered into an agreement to sell a pipe-laying vessel, Sapura 3000, for US$71.50 million (RM312 million).
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