Sembcorp Marine says settles forex row with 9 banks

Reuters
14th Feb 2008

SINGAPORE, Feb 14 (Reuters) - Singapore's rig-builder SembCorp Marine (SCMN.SI: Quote, Profile, Research) said on Thursday that it has settled a row with nine of 11 banks involved in a dispute over foreign exchange losses, and will take a hit of $208 million in the fourth quarter. >>>> More