Friday, 29 July 2016

Stock Market Update : GKE to acquire TNS Ocean Lines for $9 mil .


SINGAPORE (July 29): GKE Corporation has gone into an update of comprehension (MoU) to procure a 100% stake in TNS Ocean Lines from its sellers for a buy thought $9 million. 

TNS is a working business in the sea logistics segment, and is chiefly occupied with the matter of giving stevedoring and lighterage administrations, lashing, wharf operation administrations and transportation of sailor materials via ocean. 

Endless supply of the securing, TNS will turn into a completely claimed backup of GKE.

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