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EMS Energy up 8.7% on merger plans with Koastal Group

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Shares of offshore & marine service provider, EMS Energy, surged on Monday, after it announced plans to merge with engineering, procurement and construction management firm, Koastal Group, for S$150 million.

Singapore

SHARES of offshore & marine service provider, EMS Energy, surged on Monday, after it announced plans to merge with engineering, procurement and construction management firm, Koastal Group, for S$150 million. The deal is set to diversify EMS's earnings base and transform the

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