SBI Offshore Limited Announces Withdrawal of Board Appointments

SBI Offshore Limited is a Singapore-based marketing and distribution company for offshore and marine equipment. The Company is an integrated engineering and drilling solutions provider to the oil and gas industry. It has diversified into solar energy, particularly photovoltaics, through Solar Energy Investments Pte Ltd (SEI), a wholly owned subsidiary of the Company. SEI is an integrated & independent solar photovoltaic (PV) power producer. It develops, builds, owns, operates and maintains solar PV power plants in various parts of the world.