• BIST 94.082
  • Altın 189,916
  • Dolar 4,7932
  • Euro 5,6125
  • İstanbul 28 °C
  • Ankara 31 °C

Struggling MMM lays off employees

Struggling MMM lays off employees
Staff of Malaysian Merchant Marine have accepted the company?s voluntary separation scheme.

Struggling MMM lays off employees.

Staff of Malaysian Merchant Marine have accepted the company"s voluntary separation scheme.

In a statement filed with Bursa Malaysia, the company said all employees had been ?retrenched.? The number of staff affected could not be immediately discerned.

The company announced plans to downsize its operations in order to contain operating and administrative costs following a failed deal to acquire a 19,980 dwt double-hulled chemical tanker priced at $38m from Singapore"s Uniships.

The Malaysian company lost RM6.7m ($2m) in lost deposits as a result of the breakdown in negotiations. In the 19-month period between September 2007 and March 31, 2009, the company made just RM153,000 on revenues of RM120.2m.


This news is a total 1720 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |