(EnergyAsia, May 25) — Singapore’s SembCorp Marine Ltd said it has signed a conditional sale and purchase agreement with Seletar Investments Pte Ltd (SIPL), a wholly-owned subsidiary of Temasek Holdings Private Limited to acquire its entire equity interest in Cosco Corporation Singapore Limited comprising 110.4 million shares for $120.336 million at $1.09 per share. SembCorp…
SINGAPORE: Sembcorp Marine acquires 110.4 million shares in Cosco Corp
Posted on May 25, 2006 by EnergyAsia