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HOCK LOCK SIEW

Future of NOL sinks deeper into doubt

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With NOL choosing the latter option, it appears that the fate of its shipping business, APL, may be thrust further into doubt.

ON the surface, the agreed sale of APL Logistics by the NOL Group appears to be mystifying. Why would the group sell off its profit-making unit to sustain and finance its loss-making one?

On Aug 21, 2014, BT examined the impact of the sale of APL Logistics on the group. That Hock Lock

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