Samudera Shipping Line (SGX:S56) has increased its investment in Samudera Ship Holdings via the subscription of 20.3 million shares at $1 per share, for an aggregate amount of $20.3 million, according to a Monday filing with the Singapore Exchange.
The subscription amount was satisfied by way of capitalization of an advance amount extended to the unit for the acquisition of the container vessel, Sinar Carita.
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