BRIEF- Belships Has Entered Into An Agreement To Divest Its 100 Per Cent Shareholding In Belships Management (Singapore) Pte Ltd
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July 10 (Reuters) - Belships ASA:
* STRATEGIC PARTNERSHIP AND DIVESTMENT OF TECHNICAL MANAGEMENT BUSINESS
* BELSHIPS HAS ENTERED INTO AN AGREEMENT TO DIVEST ITS 100 PER CENT SHAREHOLDING IN BELSHIPS MANAGEMENT (SINGAPORE) PTE LTD
* NET CASH PROCEEDS WILL BE ABOUT USD 12.5M AND INCLUDES DEFERRED PAYMENT FOR OFFICE Source text for Eikon: Further company coverage: