UPDATE 1-Sembcorp Marine proposes $1.5 bln rights issue backed by parent, Temasek
Loss-making Sembcorp Marine
unveiled plans for a S$2.1 billion ($1.5 billion)
recapitalisation through a rights issue backed by the rig
builder’s parent firm, Sembcorp Industries, and state
investor Temasek Holdings.
unveiled plans for a S$2.1 billion ($1.5 billion)
recapitalisation through a rights issue backed by the rig
builder’s parent firm, Sembcorp Industries, and state
investor Temasek Holdings.
Posted by Reuters
