The offshore support vessel owner and builder has appointedadvisors to explore options for unlocking shareholder value, it said today in astock exchange filing.
Though the statement did not delve into further detail, itwas enough to fire the stock price by 5.7% at the time of writing to SGD 0.65apiece ($0.51).
Venkatraman Sheshashayee-led Jaya delivered a 5% rise in netearnings to $46m for the 12 months to 30 June, underpinned by the sale of twovessels and a buoyant charter market.
Shareholders