ES Group Completes Sale of Vessel

MT Newswires

06/05

ES Group (SGX:5RC) completed the sale and delivery of a vessel, ES Aspire, and received a balance payment of $4.3 million on June 3, according to an after-market Singapore bourse filing on Friday.

The vessel disposal mandate was approved by the shipbuilding company's shareholders at an extraordinary general meeting on April 29, as part of its broader fleet rationalization strategy.

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