The Business Times
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Sembcorp, Sembmarine end lower after investors vote for demerger

Uma Devi

Uma Devi

Published Tue, Aug 11, 2020 · 09:50 PM

    Singapore

    SHARES of Sembcorp Industries (SCI) and Sembcorp Marine (SMM) saw heavy trading on Tuesday after shareholders voted overwhelmingly in favour of their two-part recapitalisation and demerger proposal.

    Both companies had halted trading for the first half of the day while the extraordinary general meetings (EGMs) took place for voting.

    sembcorp industriessembcorp marinerights issue

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