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    Shares in Jaya Holdings jump on IHC Merwede talk

    Company News // January 27, 2012

    Reuters reports that shares in Jaya Holdings Ltd jumped as much as 10 per cent this week after the Singapore shipping firm said Dutch shipbuilder IHC Merwede was interested in acquiring some of its assets.

    Jaya said no agreement has been reached yet. CIMB Research also recently said thatg Jaya "was an attractive acquisition target," and named IHC Merwede as a potential bidder. 

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