SembMarine's possible FLNG contract win fails to stir market
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Singapore
NEWS of Sembcorp Marine potentially landing a billion-dollar bracket liquefied natural gas plant award failed to excite the market on Tuesday, even though it renewed one analyst's call on possible upside to contract wins for the large-cap yard group in 2017.
Sembcorp Marine, which opened 10 cents down from previous close at S$1.50, traded at a low of S$1.48 before closing at S$1.49.
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