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Cogent's 3Q results reinforce Phillip's call to reject Cosco's offer

PC Lee
PC Lee • 2 min read
Cogent's 3Q results reinforce Phillip's call to reject Cosco's offer
SINGAPORE (Nov 28): Phillip Capital is sticking to its guns, advising Cogent shareholders to  reject the $1.02 cash offer from Cosco Shipping International.
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SINGAPORE (Nov 28): Phillip Capital is sticking to its guns, advising Cogent shareholders to reject the $1.02 cash offer from Cosco Shipping International.

This comes on the back of the logistics player reporting 3Q17 earnings and revenue which came in line with the research house’s expectations.

TAGS
Phillip Capital
Cosco Shipping International (Singapore)
Cogent Holdings

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