05 March 2008
Venture Capital Bank Invests in the Shipping Industry.
Venture Capital Bank announced the signing of a joint venture agreement with Lemissoler Shipping Group PCL in Cyprus. Under the agreement a Shipping company, Lemissoler Maritime Company W.L.L will be established in the Kingdom of Bahrain with the objective of acquiring, owning and operating a fleet of commercial vessels. More
25 February 2008
Bronco Drilling Company acquires 25% of Challenger Limited.
Venture Capital Bank and Challenger Limited Company signed a definitive agreement with Bronco Drilling Company Inc. whereby Bronco acquires 25% of Challenger Limited Company in return for a combination of in-kind and cash contributions from Bronco. More