Independent journal on economy and transport policy
15:09 GMT+2
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Pan-United Corporation sells its marine companies
Will be acquired from a society of entire property of the shareholders of control of the group of Singapore
October 6, 2016
the group Pan-United Corporation (PUC) of Singapore, that he is the main national supplier of concrete and concrete and work also in the fields marine, harbour and logistic, will integrally sell the societies controlled Pan-Unites Shipping (PUS) and P.U. Vision (PUV) to the compatriot Sedgefield Corporation for a total of 29,9 million dollars of Singapore (USA 21,8 million dollars). Sedgefield is of entire property of Jane Kimberly Ng Bee Kiok, Ng Bee Bee and Ng Han Whatt who are shareholders of Pan-United Corporation and that together they stop the control of the group.
Pan-Unites Shipping work marine services for the bulk transport using a taken fleet to chartering from the same P.U. Vision and from other companies. PUV has a fleet of 12 tugs and 10 barges entirely rented to the PUS.
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