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+--- Thread: Sembmarine shareholder campaigns against merger with Keppel O&M (/Thread-Sembmarine-shareholder-campaigns-against-merger-with-Keppel-O-M)
Sembmarine shareholder campaigns against merger with Keppel O&M - forum456 - 10-06-2022
https://www.businesstimes.com.sg/companies-markets/sembmarine-shareholder-campaigns-against-merger-with-keppel-om
http://www.votenoformerger.com/
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - hansamu - 11-06-2022
So best option is still to merge.
If don't merge all will be worse off.
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - ysh02 - 11-06-2022
No use objection we don't have enough %age share to vote against them...kpkb only ...
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - singaporean1964 - 11-06-2022
either way also die lah
its either merge or bankrupt
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - winbig - 11-06-2022
(11-06-2022, 12:50 AM)FartSunKing Wrote: After merger combined SCM entity will need to take extra $500M loan from DBS to pay KC
More debts means more interest payments
I read somewhere that the $500M will be paid from keppel O&M to KC. No loan from bank needed.
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - hansamu - 11-06-2022
(11-06-2022, 08:15 AM)singaporean1964 Wrote: either way also die lahIf merged, at least it provides jobs for thousands of people.
its either merge or bankrupt
Still it will add to economic activities.
Bankrupt....zero employment and economic standstill.
Certainly a more rational option.
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - limkopi - 11-06-2022
Actually why bother to merge with SMM. It is better for Keppel to IPO KOM directly, then distribute KOM in specie to Keppel shareholders. Let SMM die by itself.
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - talky - 11-06-2022
(11-06-2022, 10:07 AM)FartSunKing Wrote: Can be invited to limkopi for exposing the real reasons why Temasek wasted BILLIONS to keep SMM afloat and die die must merge
All here agree?
no agree
he disputed on the ground of investment not leaking state secret
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - LongXia - 11-06-2022
(11-06-2022, 09:53 AM)FartSunKing Wrote: Provide high pay jobs to former PAP candidates like Ivan Lim
And the juhukia FT SMM CEO and juhukia SMM Chairman
![[Image: xUBf4u0.png]](https://i.ibb.co/56fjjvx/xUBf4u0.png)
This Melayu chairman is the most hopeless guy. SMM thought they got a big fish when they got him as an ex Petronas guy. But he brings NOTHING to the table. Zero, nothing!! Except collect fat salary. Worse, nobody have the balls to remove him. He is the parasite that eats into the revival of SMM. Like all executive s from Malaysia Ta-Boleh, they are all NATO people. No need to come out with all kinds of strategy... just cut this parasite off.
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - winbig - 11-06-2022
(11-06-2022, 10:57 AM)LongXia Wrote: This Melayu chairman is the most hopeless guy. SMM thought they got a big fish when they got him as an ex Petronas guy. But he brings NOTHING to the table. Zero, nothing!! Except collect fat salary. Worse, nobody have the balls to remove him. He is the parasite that eats into the revival of SMM. Like all executive s from Malaysia Ta-Boleh, they are all NATO people. No need to come out with all kinds of strategy... just cut this parasite off.
Remove all the jhk from Singapore's management level and we should be in a better position to progress.
RE: Sembmarine shareholder campaigns against merger with Keppel O&M - hansamu - 11-06-2022
Many of these people just sit pretty with crossed legs,doing very minimal and just look forward to month end for their juicy and huge pay packets to be credited.
Lucky bastards.