bearish

Seatrium

Sembcorp Marine Bites the Bullet - Big Rights Offering - And May Combine with Keppel O&M

1.2k Views25 Jun 2021 12:59
SMM did a disastrous rights offering last year - an equity/debt swap. Now they do a REAL ONE to raise more money. There is nothing good here near-term. The KEP O&M merger won't make this a lot better.
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