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Sembmarine Q2 profit dives 17%, interim dividend cut

Thursday, July 30, 2015 - 05:50

Singapore

RIGBUILDER Sembcorp Marine has slashed its interim dividend payouts for the first time in seven years, in a bid to conserve cash after a continued slump in oil prices led to major project deferments and hammered its second-quarter earnings.

The group, which has not been

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