Reflecting on Sembcorp Marine's recent price action, I have sent a letter to SIAS as they are the only authority to help retail investors. Below is my letter to SIAS, for Sembcorp Marine Shareholders, please feel free to send it to SIAS as a form of collective action against Sembcorp Marine's Corporate Action

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I will like to request your assistance to raise a query to Sembcorp Marine due to its recent Corporate Action. Sembcorp Marine has announced a rights issue of 3 rights for every 2 shares at 8 cents. I find this share issue unfair to minority shareholders and would request your team to raise it. Firstly, while we understand Sembcorp Marine is raising money for its business, I question the huge discount required for 2021’s right issue. In this round of rights, the discount to TERP for the last day (35.7%) and 5- day VWAP (36.2%) is much higher than 2020’s;...