Jerry LCY
2021-07-07

$SEMBCORP MARINE LTD(S51.SI)$

Touted as a win win for both Keppel and SCM shareholders, the proposed merger will create bigger and stronger O &M operation. But immediately after the announcement, Keppel gained 500m in market capitalisation and SCM lost 600m.....surely one can tell who won and who lost..........

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Comments

  • The Bull Hunter
    2021-07-07
    The Bull Hunter
    Its only good news for Keppel because the merger will mean its finally getting rid of its O&M business which is the only unprofittable segment.
    • Soyabean89
      Sound like semb industrial 2020 all over again
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