Subscribers

SembMarine: Provision adequate despite client's bonds pressure

Singapore

SEMBCORP Marine (SembMarine) maintained that its provision for risks on its rig-building projects remains adequate despite news of its Kuala Lumpur-listed client, Perisai Petroleum Teknologi Bhd, facing heat to redeem S$125 million securities due in October.

Perisai Petroleum said it will commence...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes