Tanjung sells support vessels arm

Malaysia’s Tanjung Offshore will sell its support vessels business to a major shareholder for 263.8 million ringgit ($85.9 million) in a move to streamline its operations.

Tanjung: Sale will help turn around company's non-marine arms.
Tanjung: Sale will help turn around company's non-marine arms.
Published 24 April 2012, 05:14Updated 11 October 2016, 08:19
Asia & Oceania