| Announcement Title |
Intermediate Securities Distribution |
| Date & Time of Broadcast |
Jun 8, 2020 16:36 |
| Status |
New |
| Corporate Action Reference |
SG200608RHDIVHHL |
| Submitted By (Co./ Ind. Name) |
Tan Yah Sze |
| Designation |
Company Secretary |
| Underwritten |
Yes |
| Shareholders' Approval Required? |
Yes |
| Shareholders' Approval Obtained |
No |
| Financial Year End |
31/12/2020 |
| Foreign Shareholder Eligibility |
No |
| SCI AND SCM PROPOSE S$2.1BN SCM RECAPITALISATION AND DEMERGER TO FOCUS COMPANIES ON GROWTH SEGMENTS.pdf | | Sembcorp Marine Ltd - Announcement Presentation dated 8 June 2020.pdf | | Sembcorp Marine Ltd - Launch Announcement dated 8 June 2020.pdf | | Sembcorp Marine Ltd - Liquidity Trading Update dated 8 June 2020.pdf |
|
| Event Narrative |
| Narrative Type | Narrative Text |
| Additional Text | PROPOSED (A) RENOUNCEABLE UNDERWRITTEN RIGHTS ISSUE; AND
(B) DISTRIBUTION IN SPECIE BY HOLDING COMPANY |
| Additional Text | The Rights shares will not be offered to foreign shareholders, subject to certain limited exceptions and/or unless otherwise reasonably determined by the Directors that the Rights Shares may be offered based on applicable securities legislation. |
| Dates |
| Rights Details |
| Security Not Found? |
Yes |
| Renounceable |
Yes |
| Rights Security Distribution Ratio- Underlying |
1 |
| Rights Security Distribution Ratio- Rights Security |
5 |
|
| Option Exercise |
| Issue Price (Per Rights) |
SGD 0.2 |
| Disbursed Security |
| ISIN | Name | Security Type | Distribution Ratio- Rights | Distribution Ratio- Disbursed |
|
| Note- Any information entered in narrative will not be used in processing |
| Narrative Type | Narrative Text |
|
| Renounceable Conditions |
| Narrative Type | Narrative Text |
|
|
|
| Allow Over Subscription |
Yes |