$SEMBCORP MARINE LTD(S51.SI)$so the news is out that the shareprice of Newco will be $0.07c. then what is the point of getting into this stock now when after everything, the new stock is only going to be $0.07 when it merges?
Someone pls correct me if my understanding is wrong? This merger is getting damn confusing. Why is the analyst still indicating a buy for keppel and a sell for sembmarine now when at the end of it, they will be merging into 1 new company? Someone pls enlighten me. Thanks!
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Sembcorp marine merged with keppel Offshore and marine ( subsidiary of Keppel corporation)