Singapore-based SembCorp Marine entered a strategic partnership to gain a 3.31 percent stake in India’s Pipavav Shipyard, with the aim of growing its marine and offshore business in India. SembCorp has signed an agreement with Pipavav Shipyard and SKIL Infrastructure to subscribe to 3.31 per cent in the Pipavav, equivalent to 17.5 million fully paid up equity for US$20 million in cash.
Green Marine
about 19 years ago
SembCorp teams up with Pipavav
Singapore-based SembCorp Marine entered a strategic partnership to gain a 3.31 percent stake in India’s Pipavav Shipyard, with the aim of growing its marine and offshore business in India. SembCorp has signed an agreement with Pipavav Shipyard and SKIL Infrastructure to subscribe to 3.31 per cent in
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