Avangaad Bhd Enters Agreement to Sell FSO Vessel for US$10.5 Million
Kuala lumpur: Avangaad Bhd has signed a memorandum of agreement to sell its floating storage and offloading (FSO) vessel, FOIS Nautica Tembikai, to MTC Energy Sdn Bhd for US$10.5 million (RM44.5 million).
According to BERNAMA News Agency, the divest…