Friday, April 25, 2008

S'pore's Star Cruises sells 2 vessels for $380 mln

SINGAPORE, April 24 (Reuters) - Singapore-listed Star Cruises said Thursday it had sold two of its vessels for $380 million and intends to use the proceeds to pay debt and to fund unidentified investment opportunities.

(Reporting by Jan Dahinten) ((jan.dahinten@thomsonreuters.com; +65 6403 5659; Reuters Messaging: jan.dahinten.reuters.com@reuters.net))
Posted by Tony Tan at 1:44 PM
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