SINGAPORE - Shares of Sembcorp Marine have been heavily traded since June 25, after the company announced a $1.5 billion rights issue and proposed combination of its business with Keppel Corp's offshore and marine arm on June 24.
Since it resumed trading on June 25 after a one-day halt, Sembmarine has averaged $43 million in daily turnover, versus the $15 million figure in the 12 months through to June 23, according to the Singapore Exchange (SGX).
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you
