Closing Price as at 2008-11-20 against Offer Price
Premium/Discount
SGD5.400
31.765 %
Issue Manager / Sponsor
UOB Asia Ltd
Company Profile
Date of Incorporation
02/28/2005
Place of Incorporation
Marshall Islands
Type of business
Formed in the Marshall Islands, Omega Navigation Enterprises Inc is an international provider of global marine transportation services through the ownership and operation of eight double hull product tankers. Furthermore, the company recently announced the signing of shipbuilding contracts to construct and acquire five newbuilding double hull Handymax product tankers each with a capacity of 37,000 dwt scheduled for delivery between March 2010 and early in 2011. With the addition of these five vessels, the Omega fleet will expand to 13 product tankers with a total deadweight capacity of 697,358 tons.