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Pros and cons of Cosco's proposed asset sale

Move appears to be in the interest of shareholders but they need to ask questions about future plans at EGM

THE shipping, offshore maritime, oil and gas sectors have been suffering the effects of a very daunting market conditions amidst an unprecedented and protracted industry downturn. The effect of the downturn has seen billions wiped out from the market capitalisation of these companies. Some of...

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