SUBSCRIBERS

Sembcorp, Sembmarine investors express concerns about 'demerger'

Both companies say the deal would bring more flexibility for them to capitalise on market opportunities

Uma Devi

Published Wed, Jul 29, 2020 · 09:50 PM

Singapore

INVESTORS in Sembcorp Industries (Sembcorp) and Sembcorp Marine (Sembmarine) have expressed concerns about the companies' move to "demerge", especially given the poor macroeconomic conditions at present.

According to sources, shareholders of both companies who had attended a dialogue hosted by the Securities Investors Association (Singapore) had raised questions about the timing of the transaction.