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Byline: Presenna Nambiar
GLOBAL Maritime Ventures Bhd (GMV) plans to co-purchase three vessels with its existing partners, this year.
The numbers could go higher though, as the company is currently scouting for new investments, and is keen to attract new shipowners to be its partners.
"We are evaluating a few partners now, and we are looking for more existing and new partners to form joint ventures with us," GMV chief executive officer Norulhadi Md Shariff told Business Times.
As at December 31 2008, GMV, as a group, had RM714.2 million cash in its coffers.
To date, the maritime venture capitalist has invested in 30 vessels, with eight …