I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

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Thursday, 30 May 2013

Sembcorp Marine unit gets US$220.5m contract

By
Carine Lee
         

SEMBCM529
 
Sembcorp Marine has, through its subsidiary PPL Shipyard, secured a US$220.5 million contract from BOT Lease Co Ltd, a leasing company of The Bank of Tokyo-Mitsubishi UFJ - PHOTO: BLOOMBERG

Sembcorp Marine has, through its subsidiary PPL Shipyard, secured a US$220.5 million contract from BOT Lease Co Ltd, a leasing company of The Bank of Tokyo-Mitsubishi UFJ.

The contract, announced on Thursday, is for a jack-up drilling rig scheduled for delivery at the end of January 2015.

The contract is not expected to have any material impact on Sembcorp Marine's net tangible assets per share for the current financial year ending Dec 31.

Posted by Createwealth8888 at 19:51
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