REPL::Rights::Voluntary

Issuer & Securities

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

Announcement Details

Announcement Title
Lodgement of Offer Information Statement (OIS)
Date &Time of Broadcast
14-Aug-2020 12:22:09
Status
Replacement
Corporate Action Reference
SG200608RHDIVHHL
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
31/12/2020
Foreign Shareholder Eligibility
No
Attachment for Intent
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 TextPROPOSED (A) RENOUNCEABLE UNDERWRITTEN RIGHTS ISSUE; AND
(B) DISTRIBUTION IN SPECIE BY HOLDING COMPANY
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
14/08/2020 17:00:00
Ex Date
13/08/2020

Rights Details

Rights Security ISIN
SGXN56431145
Rights Security Name
SEMBCORP MARINE LTD R
Security Not Found?
No
Renounceable
Yes
Trading Period From
19/08/2020
Trading Period To
27/08/2020
Rights Security Distribution Ratio- Underlying
1
Rights Security Distribution Ratio- Rights Security
5

Offer Information Statement

Offer Information Statement Lodged?
Yes
Attachment for OIS
Announcement.pdf
OIS.pdf

Option Exercise

Issue Price (Per Rights)
SGD 0.2
Exercise Period
19/08/2020 TO 02/09/2020
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements