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M&As seen accelerating in S'pore oil sector

PACC Offshore, SembMarine prime M&A candidates as S'pore businesses face "cocktail of risks": Maybank-Kim Eng

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Published Fri, Jan 15, 2016 · 09:50 PM

Singapore

AMID a "cocktail of risks" that Singapore businesses have to deal with in 2016, mergers and acquisitions (M&As) activity should see a pick-up this year, with PACC Offshore and Sembcorp Marine (SembMarine) as prime candidates, said a Maybank-Kim Eng Research report on Friday.

"Singapore could face a cocktail of risks, from China's slowdown and oil-price weakness to further Fed-rate hikes which could dampen global demand."

sembcorp marineSingapore economy

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