Implications of the Sembcorp Industries-Sembcorp Marine demerger and recapitalisation exercise
Background Sembcorp Industries (SCI) and its 60.96% owned subsidiary, Sembcorp Marine (SCM) jointly announced a recapitalisation and demerger exercise consisting of: Our Take- Winners, Losers and future implications Winners- SCI and SCI shareholdersOne of the biggest beneficiaries from this exercise is obviously SCI. Not only will it rid itself of SCM, which has been an […]