{"id":2353,"date":"2019-07-03T10:24:21","date_gmt":"2019-07-03T02:24:21","guid":{"rendered":"https:\/\/en.benalec.com.my\/?p=2353"},"modified":"2019-07-05T10:26:22","modified_gmt":"2019-07-05T02:26:22","slug":"benalec-unit-sells-sand-carrier-vessels","status":"publish","type":"post","link":"https:\/\/www.benalec.com.my\/zh-hans\/benalec-unit-sells-sand-carrier-vessels\/","title":{"rendered":"Benalec unit sells sand carrier vessels"},"content":{"rendered":"<p><em>The Star<br \/>\n03rd July, 2019<\/em><\/p>\n<p>KUALA LUMPUR (Bernama):<span class=\"detailinfodetailinfoen\">\u00a0<a href=\"https:\/\/www.thestar.com.my\/business\/marketwatch\/stocks\/?qcounter=BENALEC\" target=\"_blank\" rel=\"noopener\">Benalec Holdings<\/a>\u00a0<a href=\"http:\/\/charts.thestar.com.my\/?s=BENALEC\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"go-chart\" src=\"https:\/\/cdn.thestar.com.my\/Themes\/img\/chart.png\" \/><\/a>\u00a0Bhd\u2019s unit, Ocean Pacific Ltd has disposed of two\u00a0sand carrier vessels, Oceanline 5001 and GT298, to Regiontrade Sdn Bhd for US$3.82mil.<\/span><\/p>\n<p><span class=\"detailinfodetailinfoen\">In a filing with\u00a0Bursa Malaysia today, it said proceeds from the disposal would\u00a0be utilised for the group\u2019s working capital and the\u00a0timeframe of the full utilisation was expected to be within twelve months.<\/span><\/p>\n<p><span class=\"detailinfodetailinfoen\">&#8220;Due to the current market environment of the domestic and regional maritime industry, there has been a softening in demand for vessels, which negatively affected\u00a0the group\u2019s vessel chartering business.<\/span><\/p>\n<p><span class=\"detailinfodetailinfoen\">&#8220;The disposal provides an avenue to monetise the assets and crystalise the value of the vessels at a reasonable price, while at the same time improving\u00a0the cash flow of the company,\u201d it added<\/span><\/p>\n<p>Source :\u00a0<a href=\"https:\/\/www.thestar.com.my\/business\/business-news\/2019\/07\/03\/benalec-unit-sells-sand-carrier-vessels\/\">https:\/\/www.thestar.com.my\/business\/business-news\/2019\/07\/03\/benalec-unit-sells-sand-carrier-vessels\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Star 03rd July, 2019 KUALA LUMPUR (Bernama):\u00a0Benale [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":1534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[33],"tags":[],"_links":{"self":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts\/2353"}],"collection":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/comments?post=2353"}],"version-history":[{"count":1,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts\/2353\/revisions"}],"predecessor-version":[{"id":2358,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/posts\/2353\/revisions\/2358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/media\/1534"}],"wp:attachment":[{"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/media?parent=2353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/categories?post=2353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benalec.com.my\/zh-hans\/wp-json\/wp\/v2\/tags?post=2353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}