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Otto Marine's shares tumble over creditor's winding-up application

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Shares of shipbuilder Otto Marine tumbled to a two-week low on Monday after the company said over the weekend that an unnamed creditor is attempting to wind it up over about S$1.6 million in debt.

Singapore

SHARES of shipbuilder Otto Marine tumbled to a two-week low on Monday after the company said over the weekend that an unnamed creditor is attempting to wind it up over about S$1.6 million in debt.

The winding-up application has turned out to be short-lived, though, after

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