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Nam Cheong tumbles to five-year low on US$10m claims from OCBC

Published Wed, Jun 21, 2017 · 09:50 PM

Singapore

SHARES in Nam Cheong fell to a five-year low after it emerged from a trading halt on Wednesday, following news released overnight of a writ of summons issued on OCBC Bank's claims against the listed offshore and marine (O&M) group and its subsidiary.

Nam Cheong's share price dive…

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