Carriers

Havila reduces share capital by 96 percent

Havila performs an announced impairment of its shares, the carrier writes in a corporate statement. The net capital thus declines from more than USD 44.4 million down to USD 1.77 million.
BY CHRISTIAN BARTELS

Havila Shipping continues to fight for survival and is now making a 96 percent impairment on its share capital. From being worth USD 1.47, the Havila share value will now only be 5-6 cents per share, the company writes in a corporate statement.

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