LETTER TO THE EDITOR
·
SUBSCRIBERS

Sembmarine's board and management need a refresh

Published Sun, Nov 7, 2021 · 09:50 PM

I refer to Ben Paul's article titled "Sembmarine faces a tough week ahead" on Nov 1, 2021.

I am a long-time shareholder of Sembmarine, and I have watched with alarm and dismay the fall in its shares - some of which I bought at several dollars each.

Looking at the recent strong performance of Keppel O&M, I strongly believe a revitalisation of the board and management of Sembmarine is urgent and necessary. Some of the latter's board members have been around for a long time.

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.