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Hot stock: Nam Cheong down 22% after auditor comments

Monday, March 20, 2017 - 09:20


OFFSHORE support vessel shipbuilder Nam Cheong plunged on Monday morning after auditors last Friday night highlighted a material uncertainty about the company being a going concern.

As at 9.14am, the counter was down 22 per cent to S$0.038. It had traded as low as S$0.036.

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