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Marco Polo Marine viable, says CEO
But Sean Lee says business is tough going due to the slump in oil prices
Published Thu, Sep 22, 2016 · 09:50 PM
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Singapore
MARCO Polo Marine has a viable business although business is tough going, said the chief executive as the company asks bondholders to defer redemption of its S$50 million bonds until 2019.
"Worst I've ever seen ... but I believed in the fundamentals of oil," said Sean Lee, Marco Polo Marine chief executive.
Speaking to reporters on Thursday eveni…
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