Seatrium Limited (formerly SembCorp Marine and KOM)

[¯|_(ツ)_/¯]

1. It's clear that non of the $$$ raised thru the 2nd rights could be use for the merger.  It's also clear that all the $$$ raised in 2nd rights is for the survival of SembCorp Marine.

2. Once we are clear, then the next question would be who will fund for the merger.  For example, if Keppel is taking over SembCorp Marine, then Keppel would have to foot the bill.  And of course, if SembCorp Marine is going to swallow Keppel, then you had asked a valid question aka whether another rights will be issued.

What we are clear is SembCorp Marine is key to Singapore Sustainability projects, so it's survival is guaranteed.


Stay home and stay safe, everyone.