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2013 July 16   18:36

Otto Marine incorporated a wholly-owned subsidiary

Otto Marine Limited's wholly-owned subsidiary, Marlin Fleet Pte. Ltd., has incorporated a wholly-owned subsidiary Deep Sea 4, said in the company's press release.

The investment in the above subsidiary is funded through internal resources and is not expected to have any material financial impact on the consolidated net tangible assets per share or consolidated earnings per share of the company and the Group for the current financial year ending 31 December 2013.

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