Wintermar acquires FMSV firm

Wednesday, May 7 2014 - 04:03 AM WIB

By Alexander Ginting

IDX-listed offshore support firm PT Wintermar Offshore Marine Tbk reported on Tuesday that it has acquired 51% shares of PT Fast Offshore Indonesia.

The company did not disclose acquisition value.

Fast Offshore Indonesia is a unit of Singapore-established Fast Offshore Supply Pte. Ltd which provides Fast Multi-purpose Supply Vessel (FMSP) to upstream oil, gas operations.

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