KUALA LUMPUR: SILK Holdings Bhd is buying two vessels from Muhibbah Marine Engineering Sdn Bhd for a total of RM219 million. Both vessels are expected to be delivered by the end of the second quarter of 2015, SILK said in a filing to Bursa Malaysia yesterday. œThe agreement for the new vessels is in line with the groups on-going fleet-renewal and expansion initiative, it added.
To continue reading the rest of the article, click here