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SembMarine shares jump 9%, partly due to renewed merger hope
Straits Times 23 Nov 2020
She added ... That plus the leadership changes at Keppel, chiefly including an individual dedicated to drive M&A, could once again fuel speculation of a mega merger between the two giant rig builders Keppel Offshore & Marine and SembMarine - a long-anticipated and hoped for but yet to happen consolidation ... He added. "But it takes two hands to clap ... � .......
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SembMarine rises 12.8%, partly due to renewed merger hopes
Straits Times 23 Nov 2020
She added ... That plus the leadership changes at Keppel, chiefly including an individual dedicated to drive M&A, has revived speculation of a mega merger between the two giant rig builders, Keppel Offshore & Marine and SembMarine - a long-anticipated and hoped for, but yet to happen, consolidation ... He added. "But it takes two hands to clap ... .......
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Renowned experts and global presence to mark debut edition of INMEX SMM India Virtual Expo & Conference
Yahoo Daily News 18 Nov 2020
Read full article. 18 November 2020, 9.00 am·6-min read ... The visitor profile will include shipping and ship management companies, ship builders & designers, logistics providers, Indian Navy & Indian Coastguard, offshore & oil rig companies, Government officials and Port authorities.Story continues ... Leading speakers at the conference include Mr ... ....
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RCEP trade pact gives boost to Asian stock markets
Straits Times 16 Nov 2020
The Hang Seng Index rose 0.86 per cent, while Tokyo's Nikkei 225 index gained 2.05 per cent ... Its third-quarter revenue and earnings also beat market expectations ... Last Saturday, the rig builder said its associate firm Floatel International had successfully extended its agreement with bond holders for an additional two weeks until Nov 30 ... .......
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Asian indices up on RCEP deal; STI closes 1.4% higher
Straits Times 16 Nov 2020
The Hang Seng Index rose 0.86 per cent, while Tokyo's Nikkei 225 index gained 2.05 per cent ... They added 8.05 per cent to $0.805 ... They gained 5 per cent to $3.99 ... On Saturday, the rig builder had said its associate firm Floatel International had successfully extended its agreement with bondholders for an additional two weeks until Nov 30 ... .......
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Sembmarine Kakinada faces liquidation
Business Line 12 Nov 2020
Attempts to revive Sembmarine Kakinada Ltd, the bankrupt ship repair and fabrication facility have hit a dead end with no responses to the call for EoI. The deadline ended on October 30 ... Sembcorp Marine Repairs is a unit of Singapore-listed Sembcorp Marine Ltd, one of the world’s top oil rig builders ... .......
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