Commentary

What's next for Temasek, Keppel and SembMarine?

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It has been an eventful two days as Singapore recovered from a weekend of National Day celebrations.

First, on Monday evening, investment firm Temasek surprised the market by announcing that it would not proceed with its pre-conditional $4.1 billion partial offer for Keppel Corp.

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A version of this article appeared in the print edition of The Straits Times on August 12, 2020, with the headline What's next for Temasek, Keppel and SembMarine?. Subscribe