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Philippines group working on potential deal for Emas Offshore
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Annabeth Leow
Published Fri, Oct 26, 2018 · 09:50 PM
Singapore
A PHILIPPINE group could be sailing to Emas Offshore's rescue, in a deal announced by the board on Friday.
Udenna Corp has inked a non-binding term sheet - which could turn into a formal binding agreement - to pump US$73.29 million into the ailing offshore services provider.
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