PDA

View Full Version : Keppel Oil Rig And Sembcorp Marine To Merge? Should John Tan Invest In Oil Or Focus O


Sammyboy RSS Feed
25-06-2021, 09:10 AM
An honorable member of the Coffee Shop Has Just Posted the Following:

https://www.sammyboy.com/attachments/1624582345078-png.114612/


SINGAPORE: Keppel Corp and Sembcorp Marine have agreed to explore a potential tie-up that would see them combine their struggling offshore and marine (O&M) businesses after years of losses in an industry downturn.

A deal would see Keppel spin off the new business into a listed entity and ultimately exit the legacy business, with Singapore state investor Temasek becoming the largest shareholder in the combined...

Read more (https://www.sammyboy.com/threads/keppel-oil-rig-and-sembcorp-marine-to-merge-should-john-tan-invest-in-oil-or-focus-on-evs.306008/)


Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/keppel-oil-rig-and-sembcorp-marine-to-merge-should-john-tan-invest-in-oil-or-focus-on-evs.306008/).