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Wednesday, July 6, 2011

Clough, SapuraCrest In Talks over Construction Business

- Clough, SapuraCrest In Talks over Construction Business

Wednesday, July 06, 2011
Clough Ltd.

Clough confirmed that it is currently in discussions with SapuraCrest Petroleum Berhad (SapuraCrest) regarding its Marine Construction business. These discussions may result in a sale transaction, cooperation and/or other business arrangement.

While the parties continue to make good progress with their discussions, no binding arrangements have been entered into and there is no assurance that any transaction

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