| Latest Forum Topics / Seatrium Last:0.091 -- |
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Sembmarine_Green is the new gold_a better future
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MANFREDTMK
Master |
26-Feb-2022 19:11
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Don't you get tired of repeating the same thing over and over again daily for 7 months? You will be successful going after mei mei, but not SM(sick man).🥰 🥰 🥰
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aspasp
Senior |
26-Feb-2022 18:43
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Do SMM still need to pay keppel for the 500m cash as promised earlier ? | ||||
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Chagataii
Veteran |
26-Feb-2022 18:33
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Contracts will come after merger is complete and when there is clarity. A lot of customers fear uncertainty just like investors | ||||
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weekaykee
Master |
26-Feb-2022 17:30
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Bottom line still no new contracts. 
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MANFREDTMK
Master |
26-Feb-2022 17:12
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👍 👍 👍
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chachabobo
Member |
26-Feb-2022 16:06
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Potential Combination with Keppel O& M 19. On 24 June 2021, the Group issued an announcement related to a non-binding memorandum of understanding entered into with Keppel Corporation Limited to explore the potential combination of Sembcorp Marine and Keppel Offshore & Marine. The Group is working towards a definitive agreement in the first quarter of 2022. Outlook |
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vicloo
Supreme |
26-Feb-2022 15:54
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It could be a reverse takeover too, SCM takeover KOM but exchanging all its shares in exchange for portion of KOM shares... Post reverse takeover become 1 entity and KOM is the larger stakeholder.
Many ways to skin the cat... See which way is used
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ICXGOLD
Master |
26-Feb-2022 15:31
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Also more likely the NEW ENTITY would go for an IPO rather tham RIGHTS to avoid all hoops Tamasek need to jump to increase its share to around 75% | ||||
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ICXGOLD
Master |
26-Feb-2022 15:28
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Most likely the merger will go along these lines. KOM and SCM will merge Under a NEW Company. lets say  O& M (SG) Both KOM & SCM Shareholders will get shares in O& M (SG) Around 70+% to SCM  and 30-% or lower to KOM and distributed on  a pro-rata basis based on Number of shares held in parent company to respective shareholders. ( Tamasek will continue to hold 60% plus based on shares from both sides ) The valuation of O& M ( SG) will be based on combined assets. O& M will acquire all SCM and KOM existing projrcts. Due to the lower percentage of ownership allotted to KOM, the new entity will pay KOM upto 500 million to acquire its O& M business. If there is a need for working capital the next RIGHTS ISSUE will be under O& M ( SG ), hence there wont be any further rights issue by SCM. So if Rights is the worry, SCM wont have another UNLESS the merger fails.  |
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MANFREDTMK
Master |
26-Feb-2022 15:00
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Your RI refers to which camp, those who Long or those who Short?
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MANFREDTMK
Master |
26-Feb-2022 14:55
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This is a merger, not a takeover. Since there's no market price for KOM, the consideration for the terms of exchange is likely based on NAV
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Chagataii
Veteran |
26-Feb-2022 14:46
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RI is always on my mind otherwise every person will buy SCM for windfall | ||||
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vicloo
Supreme |
26-Feb-2022 14:43
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Possible... Left pocket right picket both are temasek babies..
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MANFREDTMK
Master |
26-Feb-2022 14:03
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Hahahaha
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lukewong82
Master |
26-Feb-2022 09:51
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maybe SM needs a right issues again to acquire the assets from Keppel?
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lukewong82
Master |
26-Feb-2022 09:50
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why? reasons?
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share456
Veteran |
26-Feb-2022 09:21
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on monday, share price should significantly move up. 2022 will be the turning point for SCM. BULL RUN will begin ?   |
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pkli899
Supreme |
25-Feb-2022 22:04
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Haha, not at all angry.......just don' t feel like wasting time to engage them. | ||||
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better
Elite |
25-Feb-2022 22:03
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No worries, just wait awhile. They will pay you back with some interest. 
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better
Elite |
25-Feb-2022 22:02
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Aiyo, you so good temper also cannot take it?  ![]()
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