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SEMBCORP INDUSTRIES AND MARINE DEMERGER: WHAT YOU NEED TO KNOW AND WHAT TO DO (Guest Post)

SEMBCORP INDUSTRIES AND MARINE DEMERGER: WHAT YOU NEED TO KNOW AND WHAT TO DO (Guest Post)

The Sembcorp Group of companies finally announced that Sembcorp Industries and Sembcorp Marine will be demerged with the creation of two focused companies. There will be a proposed Sembcorp Marine Rights issue (SCM Issue) in conjunction with the demerger.

Sembcorp Industries and marine demerger: What you need to know and what to do
This post was originally posted here. The writer, Royston Tan is a veteran community member and blogger on InvestingNote, with username known as Royston_Tan.
I have written on both Sembcorp Marine and Sembcorp Industries several times, stating that it will be in the best interest for Sembcorp Industries, the parent of Sembcorp Marine, the former holding a 61% stake in the latter, to divest its stake in Sembcorp Marine to become a pure utilities/energy player that will find favor among investors who do not wish to have exposure to its marine business.

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