Mooreast to Collaborate with China Communications Construction Company
MT Newswires
Sep 23
Mooreast will collaborate with Chinese state-owned infrastructure developer, China Communications Construction Company, according to a Monday filing with the Singapore Exchange.
Shares of the company were up nearly 1% in Tuesday trading.
Through the collaboration, the two parties will develop business opportunities in floating offshore renewable energy and other offshore and marine projects.
The parties also intend to propose projects related to engineering, production, assembly, transportation and installation of mooring and rigging systems.
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