When will Temasek Holdings drop the bombshell? Speculations of a merger between Keppel Offshore Marine (KOM) and Sembcorp Marine had been brewing for years. In fact, the merger appeared to be looming when Temasek Holdings made a partial offer for Keppel Corp in 2019. However, the withdrawal of the partial offer in 2020 threw a spanner in the works. Even so, most investors expect the merger to take place given the potential for synergy and cost savings. In this context, what will the impact for Sembcorp Marine share price if the merger does occur? In a bizarre turn of event, Sembcorp Marine will become the global top oil-rig builder following Keppel Corp’s announcement to exit the business within two to three years. Whether this development will enable light at end of tunnel for Sembcorp marine share price is subjected to debate. Nonetheless, the move to pivot its business in the renewable energy industry is encouraging.  ...