Barakah Disposes Barge For RM41 Million As Part Of Cost Cutting Measure
Barakah Offshore Petroleum Berhad announced that its unit had entered into a conditional memorandum of agreement with PT. Wintermar Rajawali Asia for the proposed disposal of the KL101 Barge to PT. WRA at a cash consideration of USD9.70 million (equivalent to approximately RM41.81 million) The group said the proposed disposal presents an opportunity to dispose […]