Seatrium (formerly known as SembCorp Marine) *Official* (SGX: S51)

usarmy

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Of course major shareholder can let scm remain listed. But they will continue issue right to force the minority retailer to sell. See how much right the retailer can subscribe..
 

metaverse2030

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I rem there was a MGO in Sept when Temasek subsidiary become the largest share holder. Is this the same deal?
 

chiokcc

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Accepted the offer by TH, when is the $$ expected to be credited into my bank acct??
 

Shion

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Temasek's mandatory general offer for Sembmarine closes with 8% acceptances​


https://www.businesstimes.com.sg/co...ffer-for-sembmarine-closes-with-8-acceptances
TEMASEK'S mandatory general offer for Sembcorp Marine (Sembmarine) closed with 8 per cent acceptances on Wednesday (Nov 3).

This - taken together with the shares owned, controlled, or agreed to be acquired by Temasek and its concert parties - amounts to an aggregate of about 17.1 billion shares, representing about 54.6 per cent of the total number of issued shares, according to a bourse filing late on Wednesday (Nov 3).

The mandatory general offer turned unconditional on Nov 1, after the total shares owned, controlled or agreed to be acquired by Temasek crossed the 50 per cent threshold.

Sembmarine remains listed on the Singapore Exchange following the close of the mandatory general offer. Its shares ended Wednesday flat at S$0.079.
 

metaverse2030

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M

Temasek's mandatory general offer for Sembmarine closes with 8% acceptances​


https://www.businesstimes.com.sg/co...ffer-for-sembmarine-closes-with-8-acceptances
TEMASEK'S mandatory general offer for Sembcorp Marine (Sembmarine) closed with 8 per cent acceptances on Wednesday (Nov 3).

This - taken together with the shares owned, controlled, or agreed to be acquired by Temasek and its concert parties - amounts to an aggregate of about 17.1 billion shares, representing about 54.6 per cent of the total number of issued shares, according to a bourse filing late on Wednesday (Nov 3).

The mandatory general offer turned unconditional on Nov 1, after the total shares owned, controlled or agreed to be acquired by Temasek crossed the 50 per cent threshold.

Sembmarine remains listed on the Singapore Exchange following the close of the mandatory general offer. Its shares ended Wednesday flat at S$0.079.
Does this means we need to sell all our SMM shares soon?
 

usarmy

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since 2012....average down so many times until I give up! Started buy at 4+, haha
This are the scenario people often say temasick related coy must becareful :(

I hope beside buying and keep buying when it down, you do let go some when it go up and pocket some profit. That will not be so painful.
 

[M]aiev

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seriously guys, why pick up this kind of company at local exchange when one just pick up those high relative strength stocks with great fundamental that comes with higher growth of earning which allow to sleep well @ night?
 

coolhead

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seriously guys, why pick up this kind of company at local exchange when one just pick up those high relative strength stocks with great fundamental that comes with higher growth of earning which allow to sleep well @ night?
there's nothing you can do to change their mindset bro. i attempted at reasoning also.
 
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