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SembMarine rides on proposed sale of Cosco Shipyard stake

Friday, November 18, 2016 - 05:50

Singapore

SHARES in Sembcorp Marine (SembMarine) continued rising for a second day on Thursday, as analysts say that the proposed sale of its interest in Cosco Shipyard Group (CSG) will reduce the drag that the loss-making firm had been making on SembMarine's earnings.

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