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SembMarine, Sembcorp in active trade on privatisation rumours

Published Wed, Jan 20, 2016 · 09:50 PM

sembcorp marine

Singapore

SEMBCORP Marine (SembMarine) and its parent company Sembcorp Industries were in active trading on Wednesday following rumours of a full takeover by the parent firm or an injection of funds. There is also speculation that a merger with Keppel Corp may eventually take place.

SembMarine rose as much as 7 per cent intraday on W…

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