Samudera Shipping Line Ltd (SG:S56) has released an update.
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Samudera Shipping Line Ltd announced a change in shareholding composition for PT Samudera Shipping Indonesia due to recent amendments in Indonesian laws. The new regulations mandate that majority shares in a foreign investment company must be held by a national marine transportation company, fully owned by Indonesian citizens. This change affects foreign ownership limitations, aligning with the broader regulatory landscape in Indonesia’s marine transportation sector.
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