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SembMarine denies that its PPL yards are up for sale

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Published Thu, Dec 8, 2016 · 09:50 PM

    Singapore

    MAINBOARD-listed yard group Sembcorp Marine said neither its rig-building subsidiary PPL Shipyard nor any of the yards from which PPL is operating are up for sale.

    SembMarine is understood to have sought valuation for one or more of PPL Shipyard's waterfront assets, sparking market talk over its plans for its rig-building subsidiary.

    sembcorp marineReal estateJTC

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