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Samsung Heavy to raise over $1bn via share issue

Move comes after South Korean shipbuilder has been mired in losses in recent years and is in dire need to restore financial health

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Proceeds will be used to pay debts and support its development of eco-design vessels

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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