Feb. 16, 2023

It's a 'Yes': Sembcorp Marine shareholders approve $3.37 billion acquisition of Keppel Offshore & Marine

A total of 95.28% of the votes cast at the 16 virtual extraordinary general meeting were to approve the S$4.5 billion (US$3.37 billion) deal. The two shipyards have been working on a merger since July last year and the idea for a union of the two Singapore-listed companies has been discussed in industry circles for decades.

All News