Shares & Derivatives
OCBC: POTENTIAL PRIVATISATION OR DIVESTMENT OF SEMBCORP MARINE MIGHT BE IMMINENT
By Singapore Stocks Investing (SSI)  •  January 23, 2018
Dear readers, Sembcorp Marine stock has been soaring in its share price for the recent trading sessions. The two main drivers for this are related to some news in relation to an IPO by Sembcorp Industries as well as speculation that Sembcorp Marine stock will be privatized soon. I think I might be one of the investors who have already thought that Sembcorp Marine will be eventually privatized ever since Sembcorp Industries announced its strategic review as shared in my post here . Yesterday, there was a report on TheEdge Singapore website where OCBC gave its take that it is indeed possible that Sembcorp Marine may be privatized or divested soon with a target price of $2.76; you can read the report here . Personally, as shared with readers many times, I believe a possible privatization or divestment Sembcorp Marine will be good if it indeed helps to consolidate the offshore ......
Read the full article
By Singapore Stocks Investing (SSI)
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance