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KM Financial Solutions | Sembcorp Marine proposes $1.5 bln rights issue backed by Temasek
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Sembcorp Marine proposes $1.5 bln rights issue backed by Temasek

07 Jun Sembcorp Marine proposes $1.5 bln rights issue backed by Temasek

Posted at 06:26h in News by
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Loss-making Sembcorp Marine
on Monday proposed a S$2.1 billion ($1.5 billion)
recapitalisation through a rights issue that will be backed by
the rig builder’s parent firm, Sembcorp Industries,
and state investor Temasek Holdings.

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