ST Marine injects additional capital into Fortis Marine Solutions
Total share capital contribution now stands at $510,000.
Singapore Technologies Engineering Ltd announced that its marine arm, Singapore Technologies Marine Ltd, has injected additional $509,490 into its associated company Fortis Marine Solutions Pte. Ltd.
The announcement said that the capital injection will allow Fortis Marine Solutions, a joint venture between ST Marine and Kockums AB, to be fully operational.