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BRIEF-Wellard Updates On Sale Of M/V Ocean Swagman

Published 31/07/2019, 09:47 am
© Reuters.  BRIEF-Wellard Updates On Sale Of M/V Ocean Swagman
WLD
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July 31 (Reuters) - Wellard Ltd WLD.AX :

* UPDATES ON SALE OF M/V OCEAN SWAGMAN

* HEYTESBURY HAS INFORMED CO THAT ITS TECHNICAL DUE DILIGENCE CONDUCTED ON M/V OCEAN SWAGMAN IS COMPLETE AND WAS SATISFACTORY

* NEGOTIATING WITH ANOTHER PARTY, IN RELATION TO ALTERNATIVE TRANSACTION ON M/V OCEAN SWAGMAN THAT COULD LEAD TO A SUPERIOR PROPOSAL

* HEYTESBURY HAS PROPOSED SOME AMENDMENTS TO TERMS OF TRANSACTION

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