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27 August 2014 The on-line newspaper devoted to the world of transports 14:51 GMT+2



April 27, 2012

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Original news
The share quota Eight Marine Navy in Go salt to 78.7%

Acquired other 13 million common stocks of the Australian company

The navalmeccanico group Eight Navy of Singapore has considerably increased own participation in the Go Australian Marine, society of which Eight Navy it at the beginning had acquired 49% of the capital last year ( of 7 February 2011). Eight Navy, through the society integrally controlled Otto Ventures Pte. Ltd. (OVPL) in fact has bought others 13.222.225 Marine common stocks of Go elevating own quota in the Australian company to 78.7% approximately.

The operation has happened through the exercise of call options that USA 687 thousand dollars will involve an expenditure from OVPL pairs to 661.112 Australian dollars (). Moreover OVPL has agreed with the Marine shareholders of Go who stop remaining the 36.111.107 common stocks of the society to extend the period of option on their actions until next 31 May.



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