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nngeeh Veteran	04-Jun-2020 15:36        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Similar to SIA, i don' t think the Gov will let Semb Marine go down..... There were talks in the past that there were plans to merge Semb Marine into Keppel or Semb C. weekaykee      ( Date: 04-Jun-2020 15:32) Posted: Semb Corp already owns 60% of Semb Marine. Semb Corp is desperately trying to get rid of Semb Marine, as it is dragging down its profits and affecting its share price. Without Semb Marine, SCI would be above $2 even today. nngeeh      ( Date: 04-Jun-2020 15:23) Posted: Or Semb M merged into Semb C similar to CCT and CMT
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weekaykee Master	04-Jun-2020 15:35        weekaykee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Maybe they were not ready to make announcement though some ongoing corporate manoevres. Because of leakage, with Semb Marine shooting yesterday, they had no choice but to ask for a halt and the announcement may only be made several days later ?? Huat1368      ( Date: 04-Jun-2020 15:20) Posted: Take them so long to post announcement...
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weekaykee Master	04-Jun-2020 15:32        weekaykee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Semb Corp already owns 60% of Semb Marine. Semb Corp is desperately trying to get rid of Semb Marine, as it is dragging down its profits and affecting its share price. Without Semb Marine, SCI would be above $2 even today. nngeeh      ( Date: 04-Jun-2020 15:23) Posted: Or Semb M merged into Semb C similar to CCT and CMT? Octavia      ( Date: 04-Jun-2020 15:20) Posted: Cld be either 1.Pay hefty fine to settle the case though the charges is against individual,Martin Chean.Company cannot completely absolved all its responsibility. 2.Take SMM private 3.Raise rights issues.
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Horseman1234 Member	04-Jun-2020 15:31        Horseman1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	But I did a buy order in the morning???  after also kena how.?  better you do des_khor      ( Date: 04-Jun-2020 15:02) Posted: Pls report ... Horseman1234      ( Date: 04-Jun-2020 14:54) Posted: just look at yesterday  last hours of trading when the price shoot up yesterday. Is that not  proof of  insiders trading..  shameless bidding up the price with info we do not have and must wait for an announcement.  Only in Sgp can insider be so blatant and fearless.  You do this in US and you have the regulators checking how you got the info,  Like how you know tmr share going to be halted and sembcorpt going to offer a premium to take sembmarine private ....blah blah blah.    hahaha not surprise if there ia money to be make or yesterday the buyers not so cocky
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Trader1987 Veteran	04-Jun-2020 15:29        Trader1987 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Possible! 👏 👏 nngeeh      ( Date: 04-Jun-2020 15:23) Posted: Or Semb M merged into Semb C similar to CCT and CMT? Octavia      ( Date: 04-Jun-2020 15:20) Posted: Cld be either 1.Pay hefty fine to settle the case though the charges is against individual,Martin Chean.Company cannot completely absolved all its responsibility. 2.Take SMM private 3.Raise rights issues.
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nngeeh Veteran	04-Jun-2020 15:23        nngeeh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Or Semb M merged into Semb C similar to CCT and CMT? Octavia      ( Date: 04-Jun-2020 15:20) Posted: Cld be either 1.Pay hefty fine to settle the case though the charges is against individual,Martin Chean.Company cannot completely absolved all its responsibility. 2.Take SMM private 3.Raise rights issues.
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Octavia Supreme	04-Jun-2020 15:20        Octavia About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Cld be either 1.Pay hefty fine to settle the case though the charges is against individual,Martin Chean.Company cannot completely absolved all its responsibility. 2.Take SMM private 3.Raise rights issues.
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Huat1368 Veteran	04-Jun-2020 15:20        Huat1368 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Take them so long to post announcement...
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des_khor Supreme	04-Jun-2020 15:02        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is God or Market Fortune Teller in this forum ??"
x 0   x 0  Alert Admin	Pls report ... Horseman1234      ( Date: 04-Jun-2020 14:54) Posted: just look at yesterday  last hours of trading when the price shoot up yesterday. Is that not  proof of  insiders trading..  shameless bidding up the price with info we do not have and must wait for an announcement.  Only in Sgp can insider be so blatant and fearless.  You do this in US and you have the regulators checking how you got the info,  Like how you know tmr share going to be halted and sembcorpt going to offer a premium to take sembmarine private ....blah blah blah.    hahaha not surprise if there ia money to be make or yesterday the buyers not so cocky
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vivacious Supreme	04-Jun-2020 14:58        vivacious About Contact  Quote this Post!
x 0   x 0  Alert Admin	pipe dream? i dont mind lah lol danger      ( Date: 04-Jun-2020 14:31) Posted: acquisition by Saudi Aramco ? Trader1987      ( Date: 04-Jun-2020 14:23) Posted: Trading was halted after the Brazilian case announcement. And both Semb Corp and Marine were halted at the same time. Believe the halt was more than just the Brazilian announcement. Let' s see
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Horseman1234 Member	04-Jun-2020 14:54        Horseman1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	just look at yesterday  last hours of trading when the price shoot up yesterday. Is that not  proof of  insiders trading..  shameless bidding up the price with info we do not have and must wait for an announcement.  Only in Sgp can insider be so blatant and fearless.  You do this in US and you have the regulators checking how you got the info,  Like how you know tmr share going to be halted and sembcorpt going to offer a premium to take sembmarine private ....blah blah blah.    hahaha not surprise if there ia money to be make or yesterday the buyers not so cocky
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danger Supreme	04-Jun-2020 14:31        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	acquisition by Saudi Aramco ? Trader1987      ( Date: 04-Jun-2020 14:23) Posted: Trading was halted after the Brazilian case announcement. And both Semb Corp and Marine were halted at the same time. Believe the halt was more than just the Brazilian announcement. Let' s see. danger      ( Date: 04-Jun-2020 14:04) Posted: anyway confirmed the halt is nothing  .... is for the brazilian case Sembcorp Marine (SCM) has announced that the Federal Justice Court of Curitiba in Brazil has accepted the complaint offered by the prosecutor&rsquo s office in Paraná against Guilherme Esteves de Jesus (GDJ) for money laundering and the ex-employee Martin Cheah Kok Choon for money laundering, an SGX filing revealed. This follows after the Federal Public Ministry (MPF) charged Cheah, the ex-president of SCM&rsquo s Brazil unit Estaleiro Jurong Aracruz (EJA), with money laundering and corruption.  GDJ was also charged as he is connected to companies whom the firm&rsquo s subsidiaries have engaged with as consultants in Brazil, in connection with certain drilling rig construction contracts entered into by subsidiaries of SCM with Sete Brasil in 2012
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glann92 Senior	04-Jun-2020 14:28        glann92 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Should be different. If not they would have halted just for marine
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Trader1987 Veteran	04-Jun-2020 14:23        Trader1987 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Trading was halted after the Brazilian case announcement. And both Semb Corp and Marine were halted at the same time. Believe the halt was more than just the Brazilian announcement. Let' s see. danger      ( Date: 04-Jun-2020 14:04) Posted: anyway confirmed the halt is nothing  .... is for the brazilian case Sembcorp Marine (SCM) has announced that the Federal Justice Court of Curitiba in Brazil has accepted the complaint offered by the prosecutor&rsquo s office in Paraná against Guilherme Esteves de Jesus (GDJ) for money laundering and the ex-employee Martin Cheah Kok Choon for money laundering, an SGX filing revealed. This follows after the Federal Public Ministry (MPF) charged Cheah, the ex-president of SCM&rsquo s Brazil unit Estaleiro Jurong Aracruz (EJA), with money laundering and corruption.  GDJ was also charged as he is connected to companies whom the firm&rsquo s subsidiaries have engaged with as consultants in Brazil, in connection with certain drilling rig construction contracts entered into by subsidiaries of SCM with Sete Brasil in 2012
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REIDLUN Member	04-Jun-2020 14:14        REIDLUN About Contact  Quote this Post!
x 0   x 0  Alert Admin	No charges were filed against the Sembmarine subsidiary,  Estaleiro Jurong Aracruz (EJA).
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danger Supreme	04-Jun-2020 14:04        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	anyway confirmed the halt is nothing  .... is for the brazilian case Sembcorp Marine (SCM) has announced that the Federal Justice Court of Curitiba in Brazil has accepted the complaint offered by the prosecutor&rsquo s office in Paraná against Guilherme Esteves de Jesus (GDJ) for money laundering and the ex-employee Martin Cheah Kok Choon for money laundering, an SGX filing revealed. This follows after the Federal Public Ministry (MPF) charged Cheah, the ex-president of SCM&rsquo s Brazil unit Estaleiro Jurong Aracruz (EJA), with money laundering and corruption.  GDJ was also charged as he is connected to companies whom the firm&rsquo s subsidiaries have engaged with as consultants in Brazil, in connection with certain drilling rig construction contracts entered into by subsidiaries of SCM with Sete Brasil in 2012
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Trader1987 Veteran	04-Jun-2020 13:39        Trader1987 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Let' s wait for the announcement 😉 😉 SmallSmall      ( Date: 04-Jun-2020 11:42) Posted: Sembcorp Ind actually tried but failed to privatise Semb Marine in 2002 at $1.10. Didn' t know that till I came across this. https://www.sembcorp.com/cn/media/media-releases/corporate/2002/june/the-proposed-privatisation-of-sembcorp-marine-by-way-of-a-scheme-of-arrangement/ With all the law suits out of picture and a depressed Sembmarine price, my take is Sembcorp is now making another attempt to privatise Sembmarine. Cautiously optimistic of a $1.00 to $1.20 offer :)   Trader1987      ( Date: 04-Jun-2020 11:23) Posted: This surge in Semb Mar share price is linked to Semb Corp, as you can see from the trading halt by both companies, hence shouldn' t be a pump and dump for Semb Mar, my two cents.
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Horseman1234 Member	04-Jun-2020 13:33        Horseman1234 About Contact  Quote this Post!
x 0   x 0  Alert Admin	agreed.  this is not SIA and doubt anybody is going to dump more money .  There is no immediate  hope for revival of rigs , cruise ships , repair .  More likely sembcorp takes it off the table and close shop.  The only valuable asset of sembmarine is the land it is siting on.  make it into a giant workers dorm and solved the govemt headache. jlong0005      ( Date: 04-Jun-2020 12:19) Posted: Unlikely right issues. I they call rights, will make it more complicated for privatization. Very likely is buy out by Temasek. Afterall, only need to pay $1.0B to acquire the 39%. john_ric      ( Date: 04-Jun-2020 11:39) Posted: rights issue or privatisation??
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jlong0005 Senior	04-Jun-2020 12:19        jlong0005 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Unlikely right issues. I they call rights, will make it more complicated for privatization. Very likely is buy out by Temasek. Afterall, only need to pay $1.0B to acquire the 39%. john_ric      ( Date: 04-Jun-2020 11:39) Posted: rights issue or privatisation??
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SmallSmall Supreme	04-Jun-2020 11:42        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sembcorp Ind actually tried but failed to privatise Semb Marine in 2002 at $1.10. Didn' t know that till I came across this. https://www.sembcorp.com/cn/media/media-releases/corporate/2002/june/the-proposed-privatisation-of-sembcorp-marine-by-way-of-a-scheme-of-arrangement/ With all the law suits out of picture and a depressed Sembmarine price, my take is Sembcorp is now making another attempt to privatise Sembmarine. Cautiously optimistic of a $1.00 to $1.20 offer :)   Trader1987      ( Date: 04-Jun-2020 11:23) Posted: This surge in Semb Mar share price is linked to Semb Corp, as you can see from the trading halt by both companies, hence shouldn' t be a pump and dump for Semb Mar, my two cents.
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