Every Spin-Off
Sembcorp Marine (now Seatrium)
5E2 SPCompletedSGBuilds and repairs offshore oil rigs, floating production vessels (FPSOs), offshore wind platforms and specialist ships in Singapore and other yards.
Keppel combined Keppel Offshore & Marine with Sembcorp Marine and distributed the 33.4bn consideration shares (about 49% of the enlarged Sembcorp Marine, later renamed Seatrium) in specie to its shareholders at about 19.085 shares per Keppel share, tradable on the SGX Mainboard from 1 March 2023.
- Distribution date
- 1 Mar 2023
- Structure
- Spin-merge
- Parent
- Keppel Corporation (BN4 SP)
- Spin-off ticker
- 5E2 SP
- Listing
- SGX Mainboard
- Market
- Singapore
- Sector
- Industrials
- Size
- mid
Source documents
- Press releaseNotice of record date for distribution (02/16/23)
- PresentationNot located
- Prospectus / demerger documentNot located
- Sourcehellenicshippingnews.com
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