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2022-02-08

Meta not going higher still

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2022-02-14

Selll sell sell

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2022-11-02

Yessss

Keppel Corporation and Sembcorp Marine’s S$4.5 Billion Merger Has Been Revised: 5 Things You Need to Know

2022-12-19

Goood

2022-02-15

Ok there

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2022-01-27

Lets giooo

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2023-04-10

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@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2022-12-19

Helllooo

@TigerEvents:Join Tiger's Football Season, share the prizes worth up to US$200,000

2022-11-02

Hdllo

2022-06-18

Helloayy

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Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. 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From a merger to an acquisition</h2><p>Before this revision, the transaction between Keppel O&amp;M and SMM was structured as a merger.</p><p>SMM had to transfer its listing status to a new entity before combining with Keppel O&amp;M.</p><p>But with the new deal, the process has been greatly simplified.</p><p>SMM will now directly acquire Keppel O&amp;M from Keppel Corporation.</p><p>There is no requirement for a transfer of listing status and no need for a transfer of SMM’s listing status that would have required consent by a 75% majority.</p><p>Instead, SMM will retain its listing status and directly issue shares to Keppel Corporation in consideration of its purchase of Keppel O&amp;M.</p><p>In effect, the process is simplified.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9ab0fd68d954fd3f58678f50c47aa54\" tg-width=\"1167\" tg-height=\"758\" width=\"100%\" height=\"auto\"/><span>Source: Sembcorp Marine’s Presentation Slides</span></p><p>When the transaction is concluded, Temasek Holdings will continue to remain the largest shareholder of SMM with an approximate 35.5% ownership, down from its present 54.6% stake.</p><p>Keppel Corporation will own 54% of the enlarged SMM but will distribute 49% of its stake as a distribution-in-specie to its shareholders while retaining a 5% stake.</p><p>In short, while the process says SMM will acquire Keppel O&amp;M, Keppel will end up owning more of the combined entity.</p><h2>2. A better deal for SMM</h2><p>SMM’s shareholders will also be getting a better deal with the revision of the deal.2. A better deal for SMM</p><p>The equity value exchange ratio between SMM and Keppel O&amp;M has improved from 44:56 to 46:54.</p><p>This change in this ratio means that SMM’s cost of acquiring Keppel O&amp;M has reduced by S$378 million, with the former having to fork out S$4.5 billion instead of S$4.87 billion for the latter.</p><p>Consequently, SMM will need to issue 36.8 billion shares to Keppel Corporation to satisfy the consideration for the acquisition, down from the previous 39.9 billion.</p><p>SMM currently has around 31.4 billion shares in issue, so the reduction of 3.1 billion shares to be issued means shareholders of SMM will suffer less dilution.</p><p>After the revised deal is concluded, SMM will have a total of 68.2 billion shares in issue.</p><h2>3. Creating an enlarged offshore and marine giant</h2><p>Since the transaction was first envisioned, the O&amp;M and renewable energy sectors have witnessed significant improvement.</p><p>Both Keppel Corporation and SMM have announced order wins that have boosted their respective order books.</p><p>The rationale for the acquisition, however, remains.</p><p>A larger SMM will be better positioned to capture growth opportunities as it will have the necessary scale and clout.</p><p>The enlarged entity will have a greater than S$18 billion order book along with more than 30 projects under execution.</p><p>It can participate across the value chain for offshore renewables and collaborate with industry players to explore new energy solutions.</p><p>The offshore wind energy and oil and gas solutions markets are projected to reach S$260 billion and S$290 billion, respectively, by 2030, giving SMM ample growth opportunities to capture contracts in these spaces.</p><h2>4. Continuing the relationship</h2><p>Meanwhile, Keppel Corporation will enter into an agreement with a subsidiary of Temasek to sell its O&amp;M division’s legacy rigs and associated receivables to a new entity called AssetCo.</p><p>These rigs and receivables will not be part of the enlarged SMM and are excluded from the transaction.</p><p>However, AssetCo will work with Keppel O&amp;M under a master services agreement whereby the enlarged SMM will provide construction, berthing, and maintenance for an initial period of 10 years.</p><p>Elsewhere, Keppel Corporation and SMM will also continue to explore opportunities to collaborate in areas such as floating data centres and floating infrastructure solutions.</p><h2>5. A slew of approvals still required</h2><p>Despite the changes in terms, both companies still require a slew of approvals for the deal to go through.</p><p>SMM requires more than 50% of its shareholders to approve the deal while Keppel Corporation’s shareholders need to give the green light for both the disposal of Keppel O&amp;M and the distribution-in-specie.</p><p>Other approvals are also required from the Singapore Exchange, Maritime Port Authority of Singapore (MPA), as well as the courts (on anti-trust issues).</p><p>Both companies plan to hold extraordinary general meetings soon to seek the relevant approvals.</p><p>Investors will need to wait till early next year to see the outcome of this deal.</p><p>But with the conditions reduced and the deal structure simplified, there is a high chance it will carry through.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel Corporation and Sembcorp Marine’s S$4.5 Billion Merger Has Been Revised: 5 Things You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel Corporation and Sembcorp Marine’s S$4.5 Billion Merger Has Been Revised: 5 Things You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-02 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/keppel-corporation-and-sembcorp-marines-s4-5-billion-merger-has-been-revised-5-things-you-need-to-know/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The merger process says that SMM will acquire Keppel O&M but Keppel will end up owning more of the combined entity.For shareholders of both Keppel Corporation Limited (SGX: BN4) and Sembcorp Marine ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/keppel-corporation-and-sembcorp-marines-s4-5-billion-merger-has-been-revised-5-things-you-need-to-know/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BN4.SI":"吉宝有限公司"},"source_url":"https://thesmartinvestor.com.sg/keppel-corporation-and-sembcorp-marines-s4-5-billion-merger-has-been-revised-5-things-you-need-to-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131895073","content_text":"The merger process says that SMM will acquire Keppel O&M but Keppel will end up owning more of the combined entity.For shareholders of both Keppel Corporation Limited (SGX: BN4) and Sembcorp Marine Limited (SGX: S51), or SMM, the wait is finally over.On 27 October, both companies hammered out a revised deal to simplify the transaction structure for a proposed merger of SMM with Keppel’s Offshore and Marine (O&M) division.It was exactly six months since a proposed combination was announced by the two offshore oil rig giants, and more than 15 months since the idea of a potential combination was mooted.By amending the transaction, the approval and consent requirements have also decreased and the plan is to reduce the time to completion by up to two months.Assuming all goes well, the revised merger is projected to be consummated by either December this year or January next year.Here are five things investors need to know about the revised deal structure.1. From a merger to an acquisitionBefore this revision, the transaction between Keppel O&M and SMM was structured as a merger.SMM had to transfer its listing status to a new entity before combining with Keppel O&M.But with the new deal, the process has been greatly simplified.SMM will now directly acquire Keppel O&M from Keppel Corporation.There is no requirement for a transfer of listing status and no need for a transfer of SMM’s listing status that would have required consent by a 75% majority.Instead, SMM will retain its listing status and directly issue shares to Keppel Corporation in consideration of its purchase of Keppel O&M.In effect, the process is simplified.Source: Sembcorp Marine’s Presentation SlidesWhen the transaction is concluded, Temasek Holdings will continue to remain the largest shareholder of SMM with an approximate 35.5% ownership, down from its present 54.6% stake.Keppel Corporation will own 54% of the enlarged SMM but will distribute 49% of its stake as a distribution-in-specie to its shareholders while retaining a 5% stake.In short, while the process says SMM will acquire Keppel O&M, Keppel will end up owning more of the combined entity.2. A better deal for SMMSMM’s shareholders will also be getting a better deal with the revision of the deal.2. A better deal for SMMThe equity value exchange ratio between SMM and Keppel O&M has improved from 44:56 to 46:54.This change in this ratio means that SMM’s cost of acquiring Keppel O&M has reduced by S$378 million, with the former having to fork out S$4.5 billion instead of S$4.87 billion for the latter.Consequently, SMM will need to issue 36.8 billion shares to Keppel Corporation to satisfy the consideration for the acquisition, down from the previous 39.9 billion.SMM currently has around 31.4 billion shares in issue, so the reduction of 3.1 billion shares to be issued means shareholders of SMM will suffer less dilution.After the revised deal is concluded, SMM will have a total of 68.2 billion shares in issue.3. Creating an enlarged offshore and marine giantSince the transaction was first envisioned, the O&M and renewable energy sectors have witnessed significant improvement.Both Keppel Corporation and SMM have announced order wins that have boosted their respective order books.The rationale for the acquisition, however, remains.A larger SMM will be better positioned to capture growth opportunities as it will have the necessary scale and clout.The enlarged entity will have a greater than S$18 billion order book along with more than 30 projects under execution.It can participate across the value chain for offshore renewables and collaborate with industry players to explore new energy solutions.The offshore wind energy and oil and gas solutions markets are projected to reach S$260 billion and S$290 billion, respectively, by 2030, giving SMM ample growth opportunities to capture contracts in these spaces.4. Continuing the relationshipMeanwhile, Keppel Corporation will enter into an agreement with a subsidiary of Temasek to sell its O&M division’s legacy rigs and associated receivables to a new entity called AssetCo.These rigs and receivables will not be part of the enlarged SMM and are excluded from the transaction.However, AssetCo will work with Keppel O&M under a master services agreement whereby the enlarged SMM will provide construction, berthing, and maintenance for an initial period of 10 years.Elsewhere, Keppel Corporation and SMM will also continue to explore opportunities to collaborate in areas such as floating data centres and floating infrastructure solutions.5. A slew of approvals still requiredDespite the changes in terms, both companies still require a slew of approvals for the deal to go through.SMM requires more than 50% of its shareholders to approve the deal while Keppel Corporation’s shareholders need to give the green light for both the disposal of Keppel O&M and the distribution-in-specie.Other approvals are also required from the Singapore Exchange, Maritime Port Authority of Singapore (MPA), as well as the courts (on anti-trust issues).Both companies plan to hold extraordinary general meetings soon to seek the relevant approvals.Investors will need to wait till early next year to see the outcome of this deal.But with the conditions reduced and the deal structure simplified, there is a high chance it will carry through.","news_type":1,"symbols_score_info":{"BN4.SI":0.9,"S51.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985851301,"gmtCreate":1667356900404,"gmtModify":1676537904133,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Hdllo","listText":"Hdllo","text":"Hdllo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985851301","isVote":1,"tweetType":1,"viewCount":2659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057568841,"gmtCreate":1655528537783,"gmtModify":1676535658112,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Helloayy","listText":"Helloayy","text":"Helloayy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057568841","isVote":1,"tweetType":1,"viewCount":2292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9057561775,"gmtCreate":1655528485297,"gmtModify":1676535658105,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Huh","listText":"Huh","text":"Huh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9057561775","repostId":"9054260418","repostType":1,"repost":{"id":9054260418,"gmtCreate":1655393797653,"gmtModify":1676535629840,"author":{"id":"4102740637684170","authorId":"4102740637684170","name":"OptionsDelta","avatar":"https://static.tigerbbs.com/b5ab2017d32f95a165639de659b21cd1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4102740637684170","idStr":"4102740637684170"},"themes":[],"title":"Wrong Fed Chairman, Wrong Markets","htmlText":"The headline was my thoughts on watching the rate hike press conference last night. There is much to be learned from watching the FOMC live in its entirety. The information content of video is much higher than that of written media. For example, if you watch the live broadcast, you can understand the logic behind why the market changes dramatically from the day of the conference to the day after.Of course, the gains don't stop there. Here are the extras for the live stream, including views on where the stock market is headed and the path of rate hikes.Attitude is more important than dataYesterday's press conference was divided into two parts: the rate decision at 2:00 and Powell's press conference at 2:30-3:30.As the chart shows, the distinction is clear: at 2:00 the stock market immediate","listText":"The headline was my thoughts on watching the rate hike press conference last night. There is much to be learned from watching the FOMC live in its entirety. The information content of video is much higher than that of written media. For example, if you watch the live broadcast, you can understand the logic behind why the market changes dramatically from the day of the conference to the day after.Of course, the gains don't stop there. Here are the extras for the live stream, including views on where the stock market is headed and the path of rate hikes.Attitude is more important than dataYesterday's press conference was divided into two parts: the rate decision at 2:00 and Powell's press conference at 2:30-3:30.As the chart shows, the distinction is clear: at 2:00 the stock market immediate","text":"The headline was my thoughts on watching the rate hike press conference last night. There is much to be learned from watching the FOMC live in its entirety. The information content of video is much higher than that of written media. For example, if you watch the live broadcast, you can understand the logic behind why the market changes dramatically from the day of the conference to the day after.Of course, the gains don't stop there. Here are the extras for the live stream, including views on where the stock market is headed and the path of rate hikes.Attitude is more important than dataYesterday's press conference was divided into two parts: the rate decision at 2:00 and Powell's press conference at 2:30-3:30.As the chart shows, the distinction is clear: at 2:00 the stock market immediate","images":[{"img":"https://static.tigerbbs.com/0b5f81ca63d0d981a259079ee9fa04d9","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054260418","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2484,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9054310200,"gmtCreate":1655342818800,"gmtModify":1676535618340,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Games time!","listText":"Games time!","text":"Games time!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054310200","isVote":1,"tweetType":1,"viewCount":2231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9055645442,"gmtCreate":1655269961286,"gmtModify":1676535601430,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Stocks gettinv trashy!","listText":"Stocks gettinv trashy!","text":"Stocks gettinv trashy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055645442","isVote":1,"tweetType":1,"viewCount":2199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9055645822,"gmtCreate":1655269851866,"gmtModify":1676535601422,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Ok yay","listText":"Ok yay","text":"Ok yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9055645822","repostId":"9022524674","repostType":1,"repost":{"id":9022524674,"gmtCreate":1653552819200,"gmtModify":1676535303082,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"Time Travel with Tiger, Join the Memorabilia Adventure Now!!!","htmlText":"\n \n \n  Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi\n \n","listText":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","text":"Happy Birthday to TIGER!!! This year, we have prepared a time machine to go on an adventure with you. Come and find surprising gifts as we stroll down memory lane!There are so many wonderful little stories in our Tiger Quest. Collect as many coins as you can in the game, these will be your basic points of this game. Apart from one mini-game mission for SG/AU/NZ, the games will be open every week, and there are endless treasures waiting for you to discover. Points can be redeemed for multiple rewards, and you can win a share of up to USD 200,000 worth of prizes! Want to win extra points? Check out these mini-games, try them, stay with us and be PAWSITIVE!Remember to collect the cards and spell out \"T.I.G.E.R\" during your journey for a chance to receive the limited edition 8th Anniversary Gi","images":[],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9022524674","isVote":1,"tweetType":2,"object":{"id":"97af7069aa6440eab7c85601f72b41b1","tweetId":"9022524674","videoUrl":"https://1254107296.vod2.myqcloud.com/73ba5544vodgzp1254107296/5836ee3f387702302012189230/1IRQdazMc4YA.mp4","poster":"https://community-static.tradeup.com/news/f2462b20b2a9a2483ae56cbb54dcb2a7"},"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082979473,"gmtCreate":1650515207889,"gmtModify":1676534743007,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Omg teslaaaaa","listText":"Omg teslaaaaa","text":"Omg teslaaaaa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082979473","isVote":1,"tweetType":1,"viewCount":656,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9086104390,"gmtCreate":1650419175448,"gmtModify":1676534720017,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Elon n twitter.. why nv moon?","listText":"Elon n twitter.. why nv moon?","text":"Elon n twitter.. why nv moon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9086104390","isVote":1,"tweetType":1,"viewCount":649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9088431450,"gmtCreate":1650374114896,"gmtModify":1676534707657,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Why tesla mooning again","listText":"Why tesla mooning again","text":"Why tesla mooning again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9088431450","isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9089105398,"gmtCreate":1649962297052,"gmtModify":1676534616574,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Tesla... real or not?!","listText":"Tesla... real or not?!","text":"Tesla... real or not?!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9089105398","isVote":1,"tweetType":1,"viewCount":573,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080692207,"gmtCreate":1649876684107,"gmtModify":1676534595620,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"H0ws lifee?","listText":"H0ws lifee?","text":"H0ws lifee?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080692207","isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9080696859,"gmtCreate":1649876211998,"gmtModify":1676534595597,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9080696859","repostId":"9016476123","repostType":1,"repost":{"id":9016476123,"gmtCreate":1649229403658,"gmtModify":1676534474180,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"🏆【GAME】Hunting Eggs for Extra Saving!","htmlText":"Tiger has prepared some Easter gifts for you, please&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/easter/\" target=\"_blank\">click&nbsp;here</a>&nbsp;to check them out!Easter can still be a bonus-boosting. Come and find the eggs in our Easter game to open the surprise! Each game contains 3 rounds, the more eggs you catch, the higher the points you can get. Game points can be redeemed for various rewards, including different value stock vouchers worth up to USD 1,000 are waiting for you! Moreover, catching special eggs can get extra points and chances to crack open for some wonderful Easter treats.There are too many hidden surprises to find, oops, the game attempts run out too fast. Don't worry, complete different tasks to earn more game attempts. Also, invite your frien","listText":"Tiger has prepared some Easter gifts for you, please&nbsp;<a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/easter/\" target=\"_blank\">click&nbsp;here</a>&nbsp;to check them out!Easter can still be a bonus-boosting. Come and find the eggs in our Easter game to open the surprise! Each game contains 3 rounds, the more eggs you catch, the higher the points you can get. 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Moreover, catching special eggs can get extra points and chances to crack open for some wonderful Easter treats.There are too many hidden surprises to find, oops, the game attempts run out too fast. Don't worry, complete different tasks to earn more game attempts. 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Ralph Lauren shares rose 1","content":"<html><head></head><body><ul><li>JP Morgan raised <b>Ralph Lauren Corporation</b> price target from $137 to $142. Ralph Lauren shares rose 1.2% to $124.00 in pre-market trading.</li><li>Telsey Advisory Group cut <b>Macy&#39;s, Inc.</b> price target from $40 to $30. Macy&#39;s shares rose 2.3% to $25.03 in pre-market trading.</li><li>Needham boosted <b>Collegium Pharmaceutical, Inc.</b> price target from $28 to $34. Collegium Pharmaceutical shares rose 1.5% to $20.20 in pre-market trading.</li><li>BMO Capital raised the price target on <b>IAMGOLD Corporation</b> from $2.75 to $3.25. IAMGOLD shares fell 1.7% to $2.90 in pre-market trading.</li><li>JP Morgan cut the price target on <b>Weber Inc.</b> from $13 to $9.5. Weber shares fell 1.8% to $10.41 in pre-market trading.</li></ul><ul><li>UBS lowered the price target for <b>Wayfair Inc.</b> from $180 to $150. Wayfair shares rose 1.3% to $144.06 in pre-market trading.</li><li>Keybanc reduced the price target for <b>Shopify Inc.</b> from $1,250 to $1,150. Shopify shares rose 3% to $873.00 in pre-market trading.</li><li>Barclays raised the price target on <b>Arista Networks, Inc.</b> from $130 to $140. Arista Networks shares rose 9.1% to $134.04 in pre-market trading.</li><li>Mizuho reduced <b>salesforce.com, inc.</b> price target from $350 to $295. salesforce.com shares rose 2.2% to $210.98 in pre-market trading.</li><li>UBS cut <b>Honeywell International Inc.</b> price target from $237 to $220. Honeywell shares rose 0.9% to $188.30 in pre-market trading.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>10 Biggest Price Target Changes For Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n10 Biggest Price Target Changes For Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-02-15 21:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>JP Morgan raised <b>Ralph Lauren Corporation</b> price target from $137 to $142. Ralph Lauren shares rose 1.2% to $124.00 in pre-market trading.</li><li>Telsey Advisory Group cut <b>Macy&#39;s, Inc.</b> price target from $40 to $30. Macy&#39;s shares rose 2.3% to $25.03 in pre-market trading.</li><li>Needham boosted <b>Collegium Pharmaceutical, Inc.</b> price target from $28 to $34. Collegium Pharmaceutical shares rose 1.5% to $20.20 in pre-market trading.</li><li>BMO Capital raised the price target on <b>IAMGOLD Corporation</b> from $2.75 to $3.25. IAMGOLD shares fell 1.7% to $2.90 in pre-market trading.</li><li>JP Morgan cut the price target on <b>Weber Inc.</b> from $13 to $9.5. Weber shares fell 1.8% to $10.41 in pre-market trading.</li></ul><ul><li>UBS lowered the price target for <b>Wayfair Inc.</b> from $180 to $150. Wayfair shares rose 1.3% to $144.06 in pre-market trading.</li><li>Keybanc reduced the price target for <b>Shopify Inc.</b> from $1,250 to $1,150. Shopify shares rose 3% to $873.00 in pre-market trading.</li><li>Barclays raised the price target on <b>Arista Networks, Inc.</b> from $130 to $140. Arista Networks shares rose 9.1% to $134.04 in pre-market trading.</li><li>Mizuho reduced <b>salesforce.com, inc.</b> price target from $350 to $295. salesforce.com shares rose 2.2% to $210.98 in pre-market trading.</li><li>UBS cut <b>Honeywell International Inc.</b> price target from $237 to $220. Honeywell shares rose 0.9% to $188.30 in pre-market trading.</li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"M":"梅西百货","COLL":"Collegium Pharmaceutical, Inc.","WEBR":"Weber Inc.","RL":"拉夫劳伦","SHOP":"Shopify Inc","W":"Wayfair","HON":"霍尼韦尔","ANET":"Arista Networks, Inc.","CRM":"赛富时"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186139486","content_text":"JP Morgan raised Ralph Lauren Corporation price target from $137 to $142. Ralph Lauren shares rose 1.2% to $124.00 in pre-market trading.Telsey Advisory Group cut Macy's, Inc. price target from $40 to $30. Macy's shares rose 2.3% to $25.03 in pre-market trading.Needham boosted Collegium Pharmaceutical, Inc. price target from $28 to $34. Collegium Pharmaceutical shares rose 1.5% to $20.20 in pre-market trading.BMO Capital raised the price target on IAMGOLD Corporation from $2.75 to $3.25. IAMGOLD shares fell 1.7% to $2.90 in pre-market trading.JP Morgan cut the price target on Weber Inc. from $13 to $9.5. Weber shares fell 1.8% to $10.41 in pre-market trading.UBS lowered the price target for Wayfair Inc. from $180 to $150. Wayfair shares rose 1.3% to $144.06 in pre-market trading.Keybanc reduced the price target for Shopify Inc. from $1,250 to $1,150. Shopify shares rose 3% to $873.00 in pre-market trading.Barclays raised the price target on Arista Networks, Inc. from $130 to $140. Arista Networks shares rose 9.1% to $134.04 in pre-market trading.Mizuho reduced salesforce.com, inc. price target from $350 to $295. salesforce.com shares rose 2.2% to $210.98 in pre-market trading.UBS cut Honeywell International Inc. price target from $237 to $220. 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To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9096943659,"gmtCreate":1644287709491,"gmtModify":1676533908904,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Meta not going higher still","listText":"Meta not going higher still","text":"Meta not going higher still","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9096943659","repostId":"2209370821","repostType":4,"isVote":1,"tweetType":1,"viewCount":508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095309293,"gmtCreate":1644812767355,"gmtModify":1676533964310,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Selll sell sell","listText":"Selll sell sell","text":"Selll sell sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095309293","repostId":"2211209385","repostType":4,"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985851209,"gmtCreate":1667356917101,"gmtModify":1676537904140,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Yessss","listText":"Yessss","text":"Yessss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9985851209","repostId":"1131895073","repostType":4,"repost":{"id":"1131895073","kind":"news","pubTimestamp":1667356761,"share":"https://ttm.financial/m/news/1131895073?lang=en_US&edition=fundamental","pubTime":"2022-11-02 10:39","market":"sg","language":"en","title":"Keppel Corporation and Sembcorp Marine’s S$4.5 Billion Merger Has Been Revised: 5 Things You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1131895073","media":"The Smart Investor","summary":"The merger process says that SMM will acquire Keppel O&M but Keppel will end up owning more of the c","content":"<html><head></head><body><p>The merger process says that SMM will acquire Keppel O&amp;M but Keppel will end up owning more of the combined entity.</p><p><img src=\"https://static.tigerbbs.com/0c3a65023f95dcd11936f419cb463847\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>For shareholders of both <b>Keppel Corporation Limited</b> (SGX: BN4) and <b>Sembcorp Marine Limited</b> (SGX: S51), or SMM, the wait is finally over.</p><p>On 27 October, both companies hammered out a revised deal to simplify the transaction structure for a proposed merger of SMM with Keppel’s Offshore and Marine (O&amp;M) division.</p><p>It was exactly six months since a proposed combination was announced by the two offshore oil rig giants, and more than 15 months since the idea of a potential combination was mooted.</p><p>By amending the transaction, the approval and consent requirements have also decreased and the plan is to reduce the time to completion by up to two months.</p><p>Assuming all goes well, the revised merger is projected to be consummated by either December this year or January next year.</p><p>Here are five things investors need to know about the revised deal structure.</p><h2>1. From a merger to an acquisition</h2><p>Before this revision, the transaction between Keppel O&amp;M and SMM was structured as a merger.</p><p>SMM had to transfer its listing status to a new entity before combining with Keppel O&amp;M.</p><p>But with the new deal, the process has been greatly simplified.</p><p>SMM will now directly acquire Keppel O&amp;M from Keppel Corporation.</p><p>There is no requirement for a transfer of listing status and no need for a transfer of SMM’s listing status that would have required consent by a 75% majority.</p><p>Instead, SMM will retain its listing status and directly issue shares to Keppel Corporation in consideration of its purchase of Keppel O&amp;M.</p><p>In effect, the process is simplified.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9ab0fd68d954fd3f58678f50c47aa54\" tg-width=\"1167\" tg-height=\"758\" width=\"100%\" height=\"auto\"/><span>Source: Sembcorp Marine’s Presentation Slides</span></p><p>When the transaction is concluded, Temasek Holdings will continue to remain the largest shareholder of SMM with an approximate 35.5% ownership, down from its present 54.6% stake.</p><p>Keppel Corporation will own 54% of the enlarged SMM but will distribute 49% of its stake as a distribution-in-specie to its shareholders while retaining a 5% stake.</p><p>In short, while the process says SMM will acquire Keppel O&amp;M, Keppel will end up owning more of the combined entity.</p><h2>2. A better deal for SMM</h2><p>SMM’s shareholders will also be getting a better deal with the revision of the deal.2. A better deal for SMM</p><p>The equity value exchange ratio between SMM and Keppel O&amp;M has improved from 44:56 to 46:54.</p><p>This change in this ratio means that SMM’s cost of acquiring Keppel O&amp;M has reduced by S$378 million, with the former having to fork out S$4.5 billion instead of S$4.87 billion for the latter.</p><p>Consequently, SMM will need to issue 36.8 billion shares to Keppel Corporation to satisfy the consideration for the acquisition, down from the previous 39.9 billion.</p><p>SMM currently has around 31.4 billion shares in issue, so the reduction of 3.1 billion shares to be issued means shareholders of SMM will suffer less dilution.</p><p>After the revised deal is concluded, SMM will have a total of 68.2 billion shares in issue.</p><h2>3. Creating an enlarged offshore and marine giant</h2><p>Since the transaction was first envisioned, the O&amp;M and renewable energy sectors have witnessed significant improvement.</p><p>Both Keppel Corporation and SMM have announced order wins that have boosted their respective order books.</p><p>The rationale for the acquisition, however, remains.</p><p>A larger SMM will be better positioned to capture growth opportunities as it will have the necessary scale and clout.</p><p>The enlarged entity will have a greater than S$18 billion order book along with more than 30 projects under execution.</p><p>It can participate across the value chain for offshore renewables and collaborate with industry players to explore new energy solutions.</p><p>The offshore wind energy and oil and gas solutions markets are projected to reach S$260 billion and S$290 billion, respectively, by 2030, giving SMM ample growth opportunities to capture contracts in these spaces.</p><h2>4. Continuing the relationship</h2><p>Meanwhile, Keppel Corporation will enter into an agreement with a subsidiary of Temasek to sell its O&amp;M division’s legacy rigs and associated receivables to a new entity called AssetCo.</p><p>These rigs and receivables will not be part of the enlarged SMM and are excluded from the transaction.</p><p>However, AssetCo will work with Keppel O&amp;M under a master services agreement whereby the enlarged SMM will provide construction, berthing, and maintenance for an initial period of 10 years.</p><p>Elsewhere, Keppel Corporation and SMM will also continue to explore opportunities to collaborate in areas such as floating data centres and floating infrastructure solutions.</p><h2>5. A slew of approvals still required</h2><p>Despite the changes in terms, both companies still require a slew of approvals for the deal to go through.</p><p>SMM requires more than 50% of its shareholders to approve the deal while Keppel Corporation’s shareholders need to give the green light for both the disposal of Keppel O&amp;M and the distribution-in-specie.</p><p>Other approvals are also required from the Singapore Exchange, Maritime Port Authority of Singapore (MPA), as well as the courts (on anti-trust issues).</p><p>Both companies plan to hold extraordinary general meetings soon to seek the relevant approvals.</p><p>Investors will need to wait till early next year to see the outcome of this deal.</p><p>But with the conditions reduced and the deal structure simplified, there is a high chance it will carry through.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel Corporation and Sembcorp Marine’s S$4.5 Billion Merger Has Been Revised: 5 Things You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel Corporation and Sembcorp Marine’s S$4.5 Billion Merger Has Been Revised: 5 Things You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-02 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/keppel-corporation-and-sembcorp-marines-s4-5-billion-merger-has-been-revised-5-things-you-need-to-know/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The merger process says that SMM will acquire Keppel O&M but Keppel will end up owning more of the combined entity.For shareholders of both Keppel Corporation Limited (SGX: BN4) and Sembcorp Marine ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/keppel-corporation-and-sembcorp-marines-s4-5-billion-merger-has-been-revised-5-things-you-need-to-know/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BN4.SI":"吉宝有限公司"},"source_url":"https://thesmartinvestor.com.sg/keppel-corporation-and-sembcorp-marines-s4-5-billion-merger-has-been-revised-5-things-you-need-to-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131895073","content_text":"The merger process says that SMM will acquire Keppel O&M but Keppel will end up owning more of the combined entity.For shareholders of both Keppel Corporation Limited (SGX: BN4) and Sembcorp Marine Limited (SGX: S51), or SMM, the wait is finally over.On 27 October, both companies hammered out a revised deal to simplify the transaction structure for a proposed merger of SMM with Keppel’s Offshore and Marine (O&M) division.It was exactly six months since a proposed combination was announced by the two offshore oil rig giants, and more than 15 months since the idea of a potential combination was mooted.By amending the transaction, the approval and consent requirements have also decreased and the plan is to reduce the time to completion by up to two months.Assuming all goes well, the revised merger is projected to be consummated by either December this year or January next year.Here are five things investors need to know about the revised deal structure.1. From a merger to an acquisitionBefore this revision, the transaction between Keppel O&M and SMM was structured as a merger.SMM had to transfer its listing status to a new entity before combining with Keppel O&M.But with the new deal, the process has been greatly simplified.SMM will now directly acquire Keppel O&M from Keppel Corporation.There is no requirement for a transfer of listing status and no need for a transfer of SMM’s listing status that would have required consent by a 75% majority.Instead, SMM will retain its listing status and directly issue shares to Keppel Corporation in consideration of its purchase of Keppel O&M.In effect, the process is simplified.Source: Sembcorp Marine’s Presentation SlidesWhen the transaction is concluded, Temasek Holdings will continue to remain the largest shareholder of SMM with an approximate 35.5% ownership, down from its present 54.6% stake.Keppel Corporation will own 54% of the enlarged SMM but will distribute 49% of its stake as a distribution-in-specie to its shareholders while retaining a 5% stake.In short, while the process says SMM will acquire Keppel O&M, Keppel will end up owning more of the combined entity.2. A better deal for SMMSMM’s shareholders will also be getting a better deal with the revision of the deal.2. A better deal for SMMThe equity value exchange ratio between SMM and Keppel O&M has improved from 44:56 to 46:54.This change in this ratio means that SMM’s cost of acquiring Keppel O&M has reduced by S$378 million, with the former having to fork out S$4.5 billion instead of S$4.87 billion for the latter.Consequently, SMM will need to issue 36.8 billion shares to Keppel Corporation to satisfy the consideration for the acquisition, down from the previous 39.9 billion.SMM currently has around 31.4 billion shares in issue, so the reduction of 3.1 billion shares to be issued means shareholders of SMM will suffer less dilution.After the revised deal is concluded, SMM will have a total of 68.2 billion shares in issue.3. Creating an enlarged offshore and marine giantSince the transaction was first envisioned, the O&M and renewable energy sectors have witnessed significant improvement.Both Keppel Corporation and SMM have announced order wins that have boosted their respective order books.The rationale for the acquisition, however, remains.A larger SMM will be better positioned to capture growth opportunities as it will have the necessary scale and clout.The enlarged entity will have a greater than S$18 billion order book along with more than 30 projects under execution.It can participate across the value chain for offshore renewables and collaborate with industry players to explore new energy solutions.The offshore wind energy and oil and gas solutions markets are projected to reach S$260 billion and S$290 billion, respectively, by 2030, giving SMM ample growth opportunities to capture contracts in these spaces.4. Continuing the relationshipMeanwhile, Keppel Corporation will enter into an agreement with a subsidiary of Temasek to sell its O&M division’s legacy rigs and associated receivables to a new entity called AssetCo.These rigs and receivables will not be part of the enlarged SMM and are excluded from the transaction.However, AssetCo will work with Keppel O&M under a master services agreement whereby the enlarged SMM will provide construction, berthing, and maintenance for an initial period of 10 years.Elsewhere, Keppel Corporation and SMM will also continue to explore opportunities to collaborate in areas such as floating data centres and floating infrastructure solutions.5. A slew of approvals still requiredDespite the changes in terms, both companies still require a slew of approvals for the deal to go through.SMM requires more than 50% of its shareholders to approve the deal while Keppel Corporation’s shareholders need to give the green light for both the disposal of Keppel O&M and the distribution-in-specie.Other approvals are also required from the Singapore Exchange, Maritime Port Authority of Singapore (MPA), as well as the courts (on anti-trust issues).Both companies plan to hold extraordinary general meetings soon to seek the relevant approvals.Investors will need to wait till early next year to see the outcome of this deal.But with the conditions reduced and the deal structure simplified, there is a high chance it will carry through.","news_type":1,"symbols_score_info":{"BN4.SI":0.9,"S51.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":1899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926918294,"gmtCreate":1671443645719,"gmtModify":1676538537145,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Goood","listText":"Goood","text":"Goood","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926918294","isVote":1,"tweetType":1,"viewCount":2065,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095264874,"gmtCreate":1644932863856,"gmtModify":1676533976680,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Ok there","listText":"Ok there","text":"Ok there","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095264874","repostId":"1186139486","repostType":4,"isVote":1,"tweetType":1,"viewCount":812,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9099308103,"gmtCreate":1643294662643,"gmtModify":1676533799007,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Lets giooo","listText":"Lets giooo","text":"Lets giooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9099308103","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9942993375,"gmtCreate":1681095927898,"gmtModify":1681095931341,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9942993375","repostId":"9943960936","repostType":1,"repost":{"id":9943960936,"gmtCreate":1679046534725,"gmtModify":1680580626622,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher","htmlText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":2046,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926918623,"gmtCreate":1671443633962,"gmtModify":1676538537145,"author":{"id":"3581561299942930","authorId":"3581561299942930","name":"winnieheng","avatar":"https://static.tigerbbs.com/d99694d509d4963475350f0639eb04ad","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581561299942930","idStr":"3581561299942930"},"themes":[],"htmlText":"Helllooo","listText":"Helllooo","text":"Helllooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926918623","repostId":"9963969638","repostType":1,"repost":{"id":9963969638,"gmtCreate":1668567458425,"gmtModify":1677745765888,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3527667667103859","idStr":"3527667667103859"},"themes":[],"title":"Join Tiger's Football Season, share the prizes worth up to US$200,000","htmlText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world!&nbsp;While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","listText":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world!&nbsp;While you enjoy your football carnival, don't forget to join in Tiger's Football Season on Tiger Trade App, and share the prizes worth up to USD 200,000!Play the \"Perfect Goals\" game with us, and feel the score moment by only pressing the button.Keep completing the daily tasks and play the game, win more points to redeem stock vouchers worth up to USD 2,000 or AFF tickets, and the top prize - the free journey of watching the AFF finals!You can also predict a football match of the World Cup or AFF Championship, and cheer for your home team.Besides, you may obtain the Tiger Football Card by participating in the campaign every day.Goalke","text":"This year is the year of football, the Qatar World Cup, AFF championship, make the following days a big carnival for football fans all around the world! 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