13-09-2021, 01:12 PM
UPDATED MON, SEP 13, 2021 - 10:00 AM
Sembmarine's battered shares may look cheap now, but there are major risks ahead for investors
Positive news flow could trigger a bounce in the stock, but investors should wait until its merger with Keppel O&M is done and dusted
Sembcorp Marine (Sembmarine)'s board and top executives probably heaved a sigh of relief after shareholders of the beleaguered offshore and marine (O&M) company voted on Aug 23 to approve its controversial rights issue.
Sembmarine's battered shares may look cheap now, but there are major risks ahead for investors
Positive news flow could trigger a bounce in the stock, but investors should wait until its merger with Keppel O&M is done and dusted
Sembcorp Marine (Sembmarine)'s board and top executives probably heaved a sigh of relief after shareholders of the beleaguered offshore and marine (O&M) company voted on Aug 23 to approve its controversial rights issue.