$SEMBCORP MARINE LTD(S51.SI)$ Two bad apples becoming a big bad apple. The devil is in the details of the merger deal. Ordinary shareholders beware! Keppel is getting rid of its bad apple. Sembcorp Industries has already disposed its bad apple. Both paid for removing their problem child. O&M will pay to Keppel $500 million to leave? Sembcorp Marine paid its parent $1.5 billion from funds of rights issue.
Sad sad for faithful ordinary shareholders of Sembcorp Mar, open market price almost half of 2020 rights issue price in less than than 3 months after 2020 rights issue, and now open market price less than 2021 rights issue price , deep regrets for supporting Sembcorp Mar ...
As for the facts, how do you think about this stock?
What will you do guys?
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