‌$SEMBCORP MARINE LTD(S51.SI)$‌Based on the excerpt from the press conference yesterday, some key points to take note:

(1) .. a deal expected to create a combined entity offering offshore renewables, new energy and cleaner solutions in the O&M space, with an indicative net order book of more than 50 jobs worth S$6.4 billion.

(2) It added that Temasek, as a significant shareholder of both Sembmarine and Keppel, has given its full support for the proposed combination, and will abstain from voting in both schemes..

Out of 58.6% held by insti, 54.6% is own by Temasek Holdings.

If you were the investor, will you prefer your share price to stay at the current level or, vote for the proposed merger with Keppel O&M and wish the new combined entity will outperform in the near future? Albeit being the largest shareholder, Temasek is so confident not to even cast their vote in the final quarter this year.

To buy, hold or sell? The choice is yours.