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Sias seeks answers from Sembcorp and Sembmarine ahead of EGMs

Investor group asks if other options have been looked into, such as privatising SCM

THE Securities Investors Association Singapore (Sias) is seeking answers from Sembcorp Industries (SCI) and Sembcorp Marine (SCM) on why they are undertaking a S$2.1 billion recapitalisation and divorce amid poor economic conditions.

The investor group wants to know whether the two have...

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