Clelia Haji-Ioannou, sister of Stelios Haji-Ioannou, apparently threw in the towel in the battle for the future of Stelmar Shipping this week, selling off her entire investment in the company.
Stelchi Holdings, the investment vehicle controlled by Clelia Haji-Ioannou, sold off its total holding of 1.07m shares, equal to 6% of the company.
The stock was unloaded in the open market. Haji-Ioannou raised some $40.1m
