So much has changed in the last 1 year for NOL. Now, it's a market darling as cheap fuel enables it to recover significantly. U guys made good $ on this share/?
Neptune Orient Lines Limited (“Company”) notes recent media reports regarding a potential sale of the
Company.
The Company is focused on returning its core liner business to sustainable growth and profitability. It
has invested in 32 new and modern ships, continued to streamline its costs and, after the sale of APL Logistics, has a much stronger balance sheet. The Company has a duty to consider its options tomaximize shareholder value as part of its conduct of normal business. The Company has not made any decision with respect to, and has not entered into any agreement for, a potential sale of the Company
and there is no assurance that any agreement for the sale of the Company will be entered into.