Core Viewpoint - The company, Hai Long Holdings, has entered into a memorandum of agreement to sell a vessel for $100 million, which is expected to enhance financial flexibility and support future strategic development [1] Group 1: Transaction Details - The seller is Hai Long Shipping Holdings Limited, a wholly-owned subsidiary of the company, and the buyer is PT CAKRA BUANA RESOURCES ENERGI TBK [1] - The vessel has been owned by the group since January 2015 and is primarily used for marine engineering services, including subsea pipeline laying, offshore transportation, and installation of offshore structures [1] Group 2: Financial Implications - The sale is anticipated to generate immediate cash inflow, which will be utilized to reduce outstanding debt and improve working capital [1] - Proceeds from the transaction will strengthen the company's ability to execute new strategic plans [1] Group 3: Operational Benefits - The sale will alleviate significant maintenance costs associated with the vessel, including insurance, dry-docking repair costs, and routine maintenance expenses [1] - By reducing these operational burdens, the company aims to enhance efficiency and flexibility in project execution, leading to growth in benefits [1]
海隆控股(01623)附属拟1亿美元出售船舶