Malaysia: TAS’ Subsidiary Sells Utility Tug

TAS Offshore Berhad’s wholly-owned subsidiary has secured a contract for the sale of one Utility Tug with value of approximately RM13.2 million (USD 4 million).

The company said that the vessel was sold to one of its new foreign customers. The vessel is expected to be delivered in April 2015.

TAS Offshore Berhad, March 14, 2014

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