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2009 March 11   06:30

Singapore's NOL evaluates options to boost performance

Singapore's Neptune Orient Lines (NOL), the world's seventh largest container shipper, said on Tuesday it is evaluating all available options to improve its performance and strategic position. The company however declined to comment on market talk it is planning to raise cash through a rights issue.
NOL's shares dropped 8.3 percent at the close of trade on Tuesday in a broader market up 2 percent.

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