Avance Gas Holding (AVACF) has released an update.
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Avance Gas Holding has delivered the ninth VLGC, Mistral, to BW LPG Ltd, receiving 1.35 million shares in BW LPG and $20.5 million in cash. Following this transaction, Avance Gas holds a 9.35% ownership stake in BW LPG with 14.441 million shares. Three more vessels are scheduled for delivery later this month.
For further insights into AVACF stock, check out TipRanks’ Stock Analysis page.
