Newsalert from Oslo Børs: Listing of Songa Bulk AS at Merkur Market

Markets, Statistics, Stock Markets — By on December 19, 2016 at 8:36 AM

oslo borsPublic listing of Songa Bulk AS at Merkur Market

Applied date: 15/12/2016
Accepted date: 16/12/2016
Listing date: 19/12/2016
Ticker: SBULK-ME

Songa Bulk AS was founded in 2016 by the Blystad Group and Mr. Herman Billung. Songa Bulk seek to actively manage the cyclicality in dry bulk through investing at historically low asset values. The company was founded based on: aligned interests between founders and shareholders, efficient and low cost set-up and a conservative leverage profile. Songa Bulk will focus on returning capital to shareholders through asset sales and dividends as dry bulk fundamentals allow.

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