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KM Financial Solutions | UPDATE 1-Sembcorp Marine proposes $1.5 bln rights issue backed by parent, Temasek
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UPDATE 1-Sembcorp Marine proposes $1.5 bln rights issue backed by parent, Temasek

07 Jun UPDATE 1-Sembcorp Marine proposes $1.5 bln rights issue backed by parent, Temasek

Posted at 07:45h in News by
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Loss-making Sembcorp Marine
unveiled plans for a S$2.1 billion ($1.5 billion)
recapitalisation through a rights issue backed by the rig
builder’s parent firm, Sembcorp Industries, and state
investor Temasek Holdings.

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