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Short-lived rally for Kim Heng on Iran foray
Published Fri, May 13, 2016 · 09:50 PM
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Singapore
SHARES in Kim Heng Offshore & Marine Holdings staged an early rally bid on Friday following a pre-market announcement by the company on its planned foray into Iran. But the strong opening and subsequent rise proved short-lived as the stock fell in tandem with the broad market.
News about the company's strategic partn…
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