That was 11 years ago for Round 41!
Monday, 2 August 2010
Read? SML - Sold $4.05, ROC 5.5%
CW8888: Temasek to take SML private and merge with Keppel O&M?
TEMASEK Holdings will take up 49.3 per cent of Sembcorp Marine (Sembmarine)'s rights issue, which means it will need to make a compliance offer for all shares of Sembmarine that it does not already own.
In a statement late on Friday night, Sembmarine Sembcorp Marine: S51 +1.2% announced its rights issue had closed on Sept 14 with valid acceptances for 15.9 billion or 84.2 per cent of the rights shares on offer. Excess applications were made for 6.3 billion rights shares, or 33.5 per cent of the total rights shares available.
The acceptances and applications include those of Startree Investments, a wholly owned unit of Temasek, for 12.6 billion of the rights shares.
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