Shares & Derivatives
SEMBCORP MARINE STOCK: UP and UP?
By Singapore Stocks Investing (SSI)  •  July 23, 2017
I read of a recent analyst report where the analyst expressed his opinion that Sembcorp Marine would not be put up for acquisition or disposed of by Sembcorp Industries. As a background, a Strategic Review of Sembcorp Industries is ongoing and this Review covers its subsidiary businesses like Sembcorp Marine. But more recently, I read of analysts reports which expresses the possibility that there is synergy between the offshore branch of Keppel Corp and Sembcorp Marine. The analyst reports opined to the effect that Sembcorp Marine might be acquired by Keppel Corp for synergy in light of the current lacklustre offshore and marine stocks markets. I could not recall whether the change of stances is from the same analyst. And I am not sure whether the spotlight on possible merger and acquisition action is now placed on Sembcorp Marine after various stakeholders call off the strategic review of M1? Nevertheless, ......
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By Singapore Stocks Investing (SSI)
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