The company said in a stock market filing that following the completion of the acquisition, Regulus Offshore is now a 70%-owned subsidiary of Yinson Holdings.
Regulus Offshore is mainly involved in the leasing of chartered vessels as well as the provision of ship and crew management services.
The acquisition is not expected to have any material impact on the earnings and net assets of the company for the financial year ending 31 January 2018.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.