Homepage
PR Newswire
16-07-2021, 01:11 PM
https://www.straitstimes.com/business/co...ghts-issue
SIAS has questioned SembCorp Marine on its recent corporate action.
To me, not much can be done and Sembcorp Marine will likely go ahead with it. The sign of them throwing in the kitchen sink of losses this FY is probably a way to ensure less than 20% of the total rights issue will continue to be taken up by minority shareholders.
SIAS has questioned SembCorp Marine on its recent corporate action.
To me, not much can be done and Sembcorp Marine will likely go ahead with it. The sign of them throwing in the kitchen sink of losses this FY is probably a way to ensure less than 20% of the total rights issue will continue to be taken up by minority shareholders.