Read? Sembmarine to raise S$2.1b, demerge from parent Sembcorp
The proposed demerger will be done through a distribution in specie of Sembcorp’s stake in the recapitalised Sembmarine to Sembcorp shareholders as dividends. Shareholders of Sembcorp are set to receive between 427 and 491 Sembmarine shares for every 100 Sembcorp shares without any cash outlay.
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