Singapore Stock Market News

Pacific Radiance - Youthful exuberance

StockFanatic
Publish date: Mon, 08 Sep 2014, 12:17 PM
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These are exciting times for PACRA, Singapore's fastest growing OSV charterer. We expect the group to double its wholly-owned fleet of 24 dynamic-positioned offshore vessels with the addition of 25 net units by 2016. In turn, this would propel a 3-year core EPS CAGR of 29% over 2013-16, which we see as the rapid growth cycle for the company.
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