SCM and SCI responds to SIAS' queries on demerger deal

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No Both firms assure that the proposed rights issue is more than an “accounting treatment”. Sembcorp Marine (SCM) and Sembcorp Industries (SCI) have responded to questions from the Securities Investors Association (Singapore) (SIAS), who noted that the two firms’ demerger deal could be just an “accounting treatment”, an SGX filing revealed.  read more