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Brokers' take

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Putting rest to all speculations, NOL (Neptune Orient Lines) finally announced the sale of its logistics business - APL Logistics - for a cash consideration of US$1.2 billion to Japanese freight forwarder Kintetsu World Express.

Sembcorp Industries

Buy

OCBC Investment Research | Feb 18 |

Feb 18 close: S$4.24

Target price: S$4.84

SEMBCORP Industries (SCI) posted a 10.4 per cent year-on-year drop in

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