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Investors pile into SembMarine, seeing it as a proxy play on Keppel

Thu, Oct 24, 2019 - 5:50 AM
navinsre@sph.com.sg@NavinSreBT
rjng@sph.com.sg@NgRenJyeBT

Singapore

WITH Temasek's partial offer to take its stake in conglomerate Keppel Corp to 51 per cent the talk of the town, investors are taking more interest in one of the conglomerate's proxies Sembcorp Marine (SembMarine).

The offshore and marine (O&M) player's stock advanced...

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