SUBSCRIBERS
Keppel among three O&M firms unveiling deals
Substantial transactions show sector still has growth potential despite the gloom caused by the oil price rout
Published Mon, Dec 29, 2014 · 09:50 PM
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Singapore
DECLINING oil prices may have cast a shadow of doubt over the sustainability of projects, but three Singapore Exchange-listed offshore and marine (O&M) companies on Monday showed that the sector still has growth potential.
Keppel Corporation, Nam Cheong and Otto Marine all announced substantial deals on Monday amid gloomy investor sentiment about the O&M sector.
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