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Sembmarine's board and management need a refresh

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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.

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