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Albedo in a fix over botched RTO deal, dismal H1 results

The going gets tough for the ailing steel-maker in its search for new businesses

Singapore STEEL-MAKER Albedo has revealed an anaemic set of half-year results, which have lent an air of desperation to its bid to scour for new businesses to lift its waning financials. For the half-year to June 2014, it turned in a loss of S$18,000, based on net income attributable to equity-