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HOCK LOCK SIEW

PEs bring hope of cash but no comfort to O&M overcapacity

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A Lot of blame has been piled up on offshore & marine (O&M) industry players for over-investing in capacity building. But industry players have hit back at critics, arguing that over-investment is the consequence of excess liquidity seeking better returns in a low-yield capital market.

A LOT of blame has been piled up on offshore & marine (O&M) industry players for over-investing in capacity building. But industry players have hit back at critics, arguing that over-investment is the consequence of excess liquidity seeking better returns in a low-yield capital market.

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