$SEMBCORP MARINE LTD(S51.SI)$

Strange that Temasek and SCM are upset that there are suggestions to say the rights issue is to possibly finance the payment of 500m to Keppel either directly ir indirectly…. Is there any other way of looking at this?

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Fly High
2021-07-08
Fly High
Guess more hidden costs. Keppel off loading its loss making o&m business and staff. The unit to takeover will pay and have funds to burn. Like when Sembcorp off loading SMM?

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