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Brokers' take

Keppel Corporation.jpg
KFELS B class jack-up rigs at Keppel FELS yard.

Offshore and Marine | Neutral

CIMB Research, Oct 15

Vard Holdings (Reduce, target price: S$0.35) has issued a profit warning for its earnings for Q3 2015, which will be released on Nov 11, and FY15. Vard's Brazilian operations have been struggling,