$Seatrium (S51.SG)$$Keppel (BN4.SG)$ The new company may be ...
$Seatrium (S51.SG)$ $Keppel (BN4.SG)$
The new company may be call
Asset Co.
Keppel will distribute in-specie 46 per cent of the combined entity shares to its shareholders and retain a 10 per cent stake.
Keppel and its shareholders will own 56 per cent of the combined entity, while Sembmarine shareholders will own 44 per cent..
The new company may be call
Asset Co.
Keppel will distribute in-specie 46 per cent of the combined entity shares to its shareholders and retain a 10 per cent stake.
Keppel and its shareholders will own 56 per cent of the combined entity, while Sembmarine shareholders will own 44 per cent..
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Xin Chen : So keppel shareholder will get the free entity share? What is ur view of the deal impact on both?
102137116 : Wonder what will be the share price for the after merge co.?
不要装B user77248281 : 1dollar
Small bull user77248281 : more than double, count the percent
KimGiEun : @Stock Watch wah u insider ah
Stock Watch OP Xin Chen : Good for both. In terms of cost saving and operations. Now they can bids for projects as 1 cost saving. Manpower transferring for projects. Taxes, audit fees etc.. But the SMN shareholders may not cheer much...( cheer only the spike in price during this period )
Stock Watch OP user77248281 : now cannot ask smm will go up how much liao. Cos look the at announcement, SMM name will change.
Small bull : Asset co is another company, SM will be subsidiary of KOM. One to One share conversion subject to shareholders approval.
Xin Chen Stock Watch OP : I am holding keppel share now. Should i keep it for the long term til merge execution or should i switch to SM for more gain?
Stock Watch OP 102137116 : now we can only wait to see how many shares we can get after merger..May not 1-1
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