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OOIL to buy ships from Samsung Heavy for US$816 mln

HONG KONG, March 23 (Reuters) - Orient Overseas (International) Ltd said on Wednesday it has sealed a deal with Korean shipbuilder Samsung Heavy Industries Co Ltd to purchase vessels for about US$816 million.

For details of the news release, please click http://www.hkexnews.hk/listedco/listconews/sehk/20110323/LTN20110323454.pdf (Reporting by Lee Chyen Yee and Raymond Leung; Editing by Charlie Zhu)