Global Offshore Services sells its M.V. Lachung vessel for $4.471 million

23 Nov 2022 , 09:18 AM

Global Offshore Services Ltd has informed that pursuant to an agreement with the prospective buyer and a resolution passed by the Board of Directors at their meeting held on November 10, 2021, the Company has sold its vessel M.V.Lachung, to Huashun Shipping (Liberia) Inc on 24 November, 2022 for a price of USD 4,471,300.00.

The Company said that the said Buyer is in no way related to the Company or its Promoters / Promoter Group/ Group Companies and therefore, the transaction does not fall under the purview of a related party transaction.

The said Vessel contributed to 4.85 % of the Company’s turnover for the year ended March 31, 2022, the company further added.

At around 9:19 AM, Global Offshore Services Ltd is currently trading at Rs55.75 per share up by Rs0.35 or 0.63% from its previous closing of Rs55.40 per share on the BSE.

For feedback and suggestions, write to us at [e-mail]