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Atlantic Navigation Prepares for Strategic Financial Moves

Atlantic Navigation Prepares for Strategic Financial Moves

Atlantic Navigation Holdings (Singapore) Ltd. (SG:5UL) has released an update.

Atlantic Navigation Holdings (Singapore) Ltd. announces a solvency statement tied to its strategic move to dispose of its 20-vessel offshore fleet, as well as a planned capital reduction and prospective cash and special dividends for shareholders. The company’s Directors have complied with regulatory provisions, making these statements available for shareholder review during the upcoming extraordinary general meeting and at the company’s registered office for six weeks thereafter.

For further insights into SG:5UL stock, check out TipRanks’ Stock Analysis page.

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