![](https://wp-static.smartkarma.com/../assets/uploaded/2023/02/DailyBriefSingaporeSembcorpMarineandmore.jpg)
In today’s briefing:
- Sembcorp Marine & Keppel O&M: STI Inclusion Possibility & Other Index Flow
Sembcorp Marine & Keppel O&M: STI Inclusion Possibility & Other Index Flow
- The Sembcorp Marine (SMM) EGM is scheduled for 16 February. If approved by shareholders, the Asset Co transaction and completion of the KOM restructuring will be done by 28 February.
- We expect no market trade from FTSE trackers, buying from MSCI trackers, while there is a question mark over treatment in the FTSE Straits Times Index (STI) (STI INDEX).
- There could be selling in Sembcorp Marine (SMM SP) from active Keppel Corp (KEP SP) shareholders and that could have a bigger impact on the stock.
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