Short Position - Ramunia yard changes hand again


Ramunia yard changes hand again

THE ownership of a 68-hectare fabrication yard located at Teluk Ramunia, Johor has changed hands several times in the last 15 years.

The yard, which is considered as a prize asset because of its huge seafront and ability to facilitate the construction of heavy oil and gas infrastructures of up to 50,000 tonnes, is poised to see a new owner in Serba Dinamik Holdings Bhd.

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