Strong leaders may tip scales in this O&M downturn
Add BT as a preferred sourceTHESE days, it does not take a lot to trigger market talk of a merger between Singapore's two leading yard groups.
Sembcorp Industries president and chief executive Neil McGregor's comment about the group undertaking a strategic review sent the stock of Sembcorp Marine soaring on revived speculation of a merger with Keppel Offshore & Marine that was ditched in the early noughties.
Truth be told, however, this decade-old rumour had made its way back to the mill way before Mr McGregor's remark.
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