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Market cap of 23 O&M firms falls 15.7% in a month amid oil rout

Wednesday, December 10, 2014 - 05:50

Singapore

DECLINING oil prices have wiped off nearly S$5.77 billion from the market capitalisation of offshore and marine (O&M) companies listed on Singapore Exchange (SGX) in one month, as the industry begins to feel the impact of lower crude prices. According to data compiled by The

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