Avance Gas Holding (AVACF) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Avance Gas Holding has delivered its fourth VLGC vessel, Passat, to BW LPG, receiving 1.35 million shares in BW LPG, equating to a 4.2% ownership stake. The company expects to collect $21 million in net cash proceeds from this transaction. With eight more vessels set for delivery by year-end, Avance Gas is poised for further developments in its fleet sale.
For further insights into AVACF stock, check out TipRanks’ Stock Analysis page.
