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Cosco Corp (S) down 18.7% as trading resumes after long suspension

Stock hit by loss warning; firm's fate also unclear for now as parent company's restructuring leaves out shipbuilding segment


SHARES in Cosco Corporation (Singapore) tumbled to a multi-year low on Monday as it resumed trading after a four-month trading suspension and following its warning late last Friday of significant net losses for its fourth quarter and full year ending Dec 31, 2015.