REPL::Rights::Voluntary

Issuer & Securities

Issuer/ Manager
SEMBCORP MARINE LTD
Security
SEMBCORP MARINE LTD - SG1H97877952 - S51

Announcement Details

Announcement Title
Rights
Date &Time of Broadcast
24-Aug-2021 16:14:21
Status
Replacement
Corporate Action Reference
SG210624RHDIHU7H
Submitted By (Co./ Ind. Name)
Tan Yah Sze
Designation
Company Secretary
Event Status
Pending Record Date Processing
Underwritten
Yes
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
Yes
Financial Year End
31/12/2021
Foreign Shareholder Eligibility
No
Attachment for Intent
Launch Announcement.pdf
Media Release.pdf
Presentation.pdf
Trading and Liquidity Update.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextProposed renounceable underwritten rights issue to raise gross proceeds of approximately S$1.5 billion
Additional TextThe 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

Record Date and Time
26/08/2021 17:00:00
Ex Date
25/08/2021

Rights Details

Rights Security ISIN
SGXN96951979
Rights Security Name
SEMBCORP MARINE LTD R
Security Not Found?
No
Renounceable
Yes
Rights Distribution Pay Date
30/08/2021
Trading Period From
31/08/2021
Trading Period To
08/09/2021
Rights Security Distribution Ratio- Underlying
2
Rights Security Distribution Ratio- Rights Security
3

Option Exercise

Issue Price (Per Rights)
SGD 0.08
Exercise Period
31/08/2021 TO 14/09/2021
Pay Date
22/09/2021
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
SG1H97877952SEMBCORP MARINE LTDOrdinary Share11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements