Sembcorp Ups Stake In SembCorp Marine

Tuesday, July 25, 2000
Singapore conglomerate SembCorp Industries Ltd has reportedly acquired another five million shares of SembCorp Marine at S$0.705 each after buying 40 million shares last week. The move led some analysts to speculate that the marine unit could be privatized, given its attractive valuation.
Maritime Reporter April 2015 Digital Edition
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