Nam Cheong

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#43
http://www.businesstimes.com.sg/premium/...r-20140930

PUBLISHED SEPTEMBER 30, 2014
Nam Cheong to take 30% stake in BBR
It is its second move in a year to entrench itself in the Indon oil-and-gas market
BYMALMINDERJIT SINGH
msingh@sph.com.sg @MalminderjitBT

Sounding an upbeat note: Chief executive officer Leong Seng Keat believes that the Indonesian market, driven by an upsurge in E&P activities, holds exciting prospects for marine player Nam Cheong
SGX mainboard-listed offshore marine player Nam Cheong has taken a decisive step in growing its presence in the lucrative Indonesian vessel-chartering market through a strategic investment.
Malaysia's largest offshore support vessel (OSV) builder on Monday announced that it has agreed to invest approximately US$30.7 million for a 30-per-cent stake in the enlarged share capital of PT Pelayaran Nasional Bina Buana Raya Tbk (BBR), an indirect subsidiary of SGX mainboard-listed marine logistics company, Marco Polo Marine (Marco Polo).
Marco Polo holds a 49.6 per cent stake in BBR, which is an Indonesian Stock Exchange-listed company engaged in the business of ship owning and chartering through two divisions, one for tugs and barges and the other, for offshore marine.
Under the binding Heads Of Agreement that the two parties entered into, Nam Cheong has agreed to subscribe up to 1.6 billion new shares in BBR's rights issue, at an issue price of 230 rupiah per share, which was determined on a "willing-buyer, willing-seller basis". Nam Cheong confirmed that the investment will be funded through its internal resources.
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Nam Cheong - by mulyc - 04-04-2013, 09:33 AM
RE: Nam Cheong - by mulyc - 09-04-2013, 10:35 AM
RE: Nam Cheong - by GreedandFear - 10-04-2013, 02:14 PM
RE: Nam Cheong - by Ben - 10-04-2013, 03:04 PM
RE: Nam Cheong - by mulyc - 10-04-2013, 05:03 PM
RE: Nam Cheong - by Contrarian - 15-04-2013, 09:55 PM
RE: Nam Cheong - by greengiraffe - 15-04-2013, 10:43 PM
RE: Nam Cheong - by GreedandFear - 10-04-2013, 04:02 PM
RE: Nam Cheong - by a74henry - 10-04-2013, 10:33 PM
RE: Nam Cheong - by l0nEr - 10-04-2013, 11:26 PM
RE: Nam Cheong - by mulyc - 11-04-2013, 09:48 AM
RE: Nam Cheong - by vingaard - 15-04-2013, 08:13 PM
RE: Nam Cheong - by TheMillennium - 13-05-2013, 05:18 PM
RE: Nam Cheong - by mulyc - 17-05-2013, 10:45 AM
RE: Nam Cheong - by Jacmar - 17-05-2013, 04:21 PM
RE: Nam Cheong - by mulyc - 17-05-2013, 04:41 PM
RE: Nam Cheong - by mulyc - 26-07-2013, 11:18 AM
RE: Nam Cheong - by greengiraffe - 26-05-2014, 07:41 AM
RE: Nam Cheong - by specuvestor - 26-05-2014, 08:04 AM
RE: Nam Cheong - by CityFarmer - 26-05-2014, 09:49 AM
RE: Nam Cheong - by GreedandFear - 26-05-2014, 11:13 AM
RE: Nam Cheong - by CityFarmer - 23-06-2014, 03:04 PM
RE: Nam Cheong - by specuvestor - 01-07-2014, 03:40 PM
RE: Nam Cheong - by CityFarmer - 01-07-2014, 03:54 PM
RE: Nam Cheong - by CityFarmer - 01-07-2014, 09:24 AM
RE: Nam Cheong - by specuvestor - 02-07-2014, 07:27 AM
RE: Nam Cheong - by CityFarmer - 02-07-2014, 09:37 AM
RE: Nam Cheong - by specuvestor - 02-07-2014, 06:27 PM
RE: Nam Cheong - by CityFarmer - 08-08-2014, 11:13 AM
RE: Nam Cheong - by greengiraffe - 08-08-2014, 07:54 PM
RE: Nam Cheong - by CityFarmer - 08-08-2014, 08:41 PM
RE: Nam Cheong - by specuvestor - 19-08-2014, 10:02 AM
RE: Nam Cheong - by CityFarmer - 19-08-2014, 10:15 AM
RE: Nam Cheong - by specuvestor - 08-08-2014, 11:48 AM
RE: Nam Cheong - by CityFarmer - 14-08-2014, 09:13 PM
RE: Nam Cheong - by CityFarmer - 19-08-2014, 09:37 AM
RE: Nam Cheong - by specuvestor - 19-08-2014, 10:49 AM
RE: Nam Cheong - by CityFarmer - 19-08-2014, 11:14 AM
RE: Nam Cheong - by greengiraffe - 20-08-2014, 07:55 AM
RE: Nam Cheong - by CityFarmer - 20-08-2014, 03:52 PM
RE: Nam Cheong - by greengiraffe - 20-08-2014, 09:23 PM
RE: Nam Cheong - by Jacmar - 10-10-2014, 12:28 PM
RE: Nam Cheong - by Drizzt - 10-10-2014, 01:34 PM
RE: Nam Cheong - by CityFarmer - 29-09-2014, 10:03 AM
RE: Nam Cheong - by greengiraffe - 30-09-2014, 09:00 AM
RE: Nam Cheong - by greengiraffe - 10-10-2014, 07:28 AM
RE: Nam Cheong - by CityFarmer - 17-10-2014, 03:28 PM
RE: Nam Cheong - by greengiraffe - 12-11-2014, 07:37 AM
RE: Nam Cheong - by CityFarmer - 09-12-2014, 11:27 AM
RE: Nam Cheong - by greentea - 29-12-2014, 09:56 AM
RE: Nam Cheong - by CityFarmer - 29-12-2014, 10:10 AM
RE: Nam Cheong - by CityFarmer - 12-02-2015, 10:56 AM
RE: Nam Cheong - by CityFarmer - 11-03-2015, 08:59 PM
RE: Nam Cheong - by CityFarmer - 25-05-2015, 11:01 AM
RE: Nam Cheong - by Behappyalways - 25-05-2015, 01:13 PM
RE: Nam Cheong - by CityFarmer - 13-08-2015, 10:23 AM
RE: Nam Cheong - by snapsnap - 17-11-2015, 04:28 PM
RE: Nam Cheong - by d.o.g. - 17-11-2015, 06:24 PM
RE: Nam Cheong - by greengiraffe - 17-11-2015, 07:02 PM
RE: Nam Cheong - by snapsnap - 18-11-2015, 12:08 PM
RE: Nam Cheong - by CY09 - 25-02-2016, 02:01 PM
RE: Nam Cheong - by BlueKelah - 25-02-2016, 10:41 PM
RE: Nam Cheong - by CY09 - 12-05-2016, 04:41 PM
RE: Nam Cheong - by CY09 - 14-08-2017, 11:03 PM
RE: Nam Cheong - by Behappyalways - 09-03-2017, 05:16 PM
RE: Nam Cheong - by Behappyalways - 20-03-2017, 07:10 PM
RE: Nam Cheong - by CY09 - 20-06-2017, 09:41 PM
RE: Nam Cheong - by karlmarx - 21-06-2017, 04:21 PM
RE: Nam Cheong - by weijian - 21-06-2017, 05:54 PM
Nam Cheong - by vingaard - 21-06-2017, 08:19 PM
RE: Nam Cheong - by weijian - 20-07-2017, 02:26 PM
RE: Nam Cheong - by karlmarx - 20-07-2017, 06:46 PM
RE: Nam Cheong - by cfa - 15-08-2017, 09:51 AM
RE: Nam Cheong - by CY09 - 07-09-2017, 11:18 PM
RE: Nam Cheong - by tonylim - 08-09-2017, 10:32 AM
RE: Nam Cheong - by CY09 - 03-03-2018, 06:12 PM
RE: Nam Cheong - by lonewolf - 28-04-2020, 11:37 AM

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