Article: Pacific Basin Bulk Shipping Limited makes announcement.

BERMUDA--(BUSINESS WIRE)--Sept. 18, 1996--Pacific Basin Bulk Shipping Limited ("Pacific Basin") announced that the amalgamation of Pacific Basin with a subsidiary of Konsortium Perkapalan Berhad ("Konsortium") was completed on September 17, 1996. Pacific Basin has ceased quotation of its shares on the Nasdaq National Market and the Oslo Stock Exchange and is now a wholly-owned subsidiary of Konsortium. Below is a copy of the release made by Konsortium to the Kuala Lumpur Stock Exchange in connection with the amalgamation.

 
QUOTE 

 
September 17, 1996 

 
To:Kuala Lumpur Stock Exchange 
Attn:  Pn. Latifah Haji Mohd Yusof 
...

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