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Yangzijiang to Buy Stake in Singapore Rig-Maker

Maritime Activity Reports, Inc.

April 19, 2010

According to an April 17 report from Reuters, China's Yangzijiang Shipbuilding (YAZG.SI) and a Middle Eastern investor will buy an indirect stake in Singapore-based oil-rig maker PPL Shipyard in a $113m deal.

(Source: Reuters)
 

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