Shares & Derivatives
Sembcorp Demerger deal passed. What is Temasek plan now?
By New Academy of Finance  •  August 11, 2020
Table of Contents SEMBCORP DEMERGER In today’s Sembcorp group EGM, the Sembcorp demerger was duly passed, including the critical whitewash which Sembcorp Marine minorities have the final say. It was being approved by a resounding 88% of shareholders who participated in the voting process. With that, the demerger between Sembcorp Industries and Sembcorp Marine has been formalized. Sembcorp Marine will be separated from its parent Sembcorp Industries which currently holds about 61% shareholding stake of the former. The new structure will be as such: The ownership structure of Sembcorp Industries will not change. Temasek continues to hold 49.3% in Sembcorp Industries and the public holding 50.7%....
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By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
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