Is this really light at end of the tunnel for Sembcorp Marine share price? On 27 January 2023, SGX gave the green light for the acquisition of Keppel O&M by Sembcorp Marine through the issuance of 36.8 billion new Sembcorp Marines shares. The SGX nod was a major breakthrough for the merger between the oil-rig giants, heralding the end of a long running saga. To be sure, the proposed merger is not a done deal yet as it is subjected to shareholders’ voting in an extraordinary meeting to be held on 16 February 2023. Sembcorp Marine must obtain more than 50% votes from its shareholders (excluding Temasek Holdings) in order for the acquisition to go through. Against this backdrop, investors should expect plenty of volatility for Sembcorp Marine share price in the coming weeks. In the EGM circular, the Sembcorp Marine warned shareholders that there is “no assurance that as a...