Sembcorp Marine lands new contracts valued at S$400 million
Sembcorp Marine said Monday it obtained S$400 million in new contracts, including offshore gas and wind farm developments and cruise ship upgrades.
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UPDATE: Daiwa: Temasek could push SembMarine and Keppel O&M to merge
Daiwa said a “persistent lack of new orders” could spur a consolidation between SembMarine and peer, Keppel O&M, driven by common shareholder, Temasek.
SembMarine downgraded to Reduce by CGS-CIMB on forecasts losses will widen
CGS-CIMB downgraded Sembcorp Marine to Reduce from Add, saying it was “throwing in the towel for now.”
SembMarine reports 2Q19 net loss narrows on rig delivery, new project
Sembcorp Marine reported Tuesday a 2Q19 net loss of S$8.5 million due to accelerated depreciation, but that was narrower on-year.
UPDATE: Singapore stocks to watch Thursday: UOB, SembMarine, CapitaLand Commercial Trust, Qian Hu
These are Singapore companies which may be in focus on Thursday, 18 July 2019: UOB, SembMarine, CapitaLand Commercial Trust and Qian Hu.
SembMarine: Not aware of reasons for share price jump
Sembcorp Marine told SGX Thursday it wasn’t aware of any reason not previously announced to explain the jump in its share price Wednesday.
SembMarine filed suspicious transaction report over former Brazil subsidiary president
SembMarine said Monday it lodged a suspicious transaction report with the Singapore Police Force over the activities of the former president of its Brazilian subsidiary.
Sembcorp Marine: Brazil authorities execute search warrant on subsidiary
SembMarine said Wednesday Brazilian authorities executed a search warrant on a Brazilian subsidiary, Estaleiro Jurong Aracruz as part of a corruption probe.
Sembcorp Industries to provide S$2 billion loan to Sembcorp Marine
Sembcorp Industries said Friday it agreed to provide Semcorp Marine with a loan of S$2 billion to strengthen the rig builder’s financial position.
UPDATE: Sembcorp Marine reported 1Q19 net profit dropped 68 percent on year-ago deliveries
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UOB KayHian downgrades Sembcorp Industries on India concerns
UOB KayHian downgraded Sembcorp Industries to Hold from Buy, pointing to concerns over earnings in India and an overhang from Sembcorp Marine.
UPDATE: Singapore stocks to watch Tuesday: ST Engineering, SembMarine, Sheng Siong, Ho Bee Land
These are Singapore companies which may be in focus on Tuesday, 26 February 2019: ST Engineering, SembMarine, Sheng Siong and Ho Bee Land.
SembMarine lands new contracts valued around S$175 million
Sembcorp Marine said Monday it obtained new contracts valued at around S$175M for building an LNG bunker vessel and for repair works on 13 cruise ships.
UOB KayHian still cautious on SembMarine despite surprise profit
Sembcorp Marine reported a surprise net profit last week, beating expectations for a loss, but UOB KayHian said it remained cautious of any stock rally.
UPDATE: Singapore stocks to watch Wednesday: CapitaLand, SembMarine, BreadTalk, Courts
These are Singapore companies which may be in focus on Wednesday, 20 February 2019: SembMarine, BreadTalk, Keppel Infrastructure, Courts and Kingsmen.
UPDATE: Sembcorp Marine 4Q18 net profit drops 95 percent, but beats some analyst forecasts
Sembcorp Marine reported on Wednesday its fourth quarter net profit dropped 94.9 to S$5.93 million, beating Daiwa’s forecast for a net loss.
Singapore stocks to watch Wednesday: Chip Eng Seng, ST Engineering, Singapore Airlines, Midas, CapitaLand
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
Sembcorp Marine to increase Semb-Eco stake, divest Ecospec Global in share swap deal
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
SembMarine downgraded by Nomura on slow order recovery and earnings forecast cuts
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
UPDATE: Singapore stocks to watch Monday: SembMarine, Mapletree Logistics, HPHT, ST Engineering
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
Sembcorp Marine: Obtained two renewable energy projects of more S$200 million
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
Singapore stocks to watch Friday: SembMarine, CMT, Wilmar, Ascendas REIT
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
SembMarine reports 3Q18 net loss of nearly S$30 million on low business volume
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
UPDATE: Singapore stocks to watch Monday: SembMarine, SGX, Oxley, SLB, Spackman
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
SembMarine inks contract with Teekay Offshore for FPSO repair job
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
UPDATE: Singapore stocks to watch Friday: SGX, Noble, Olam, SoilBuild, China Jinjiang
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
How the US trade war with China could hit Singapore stocks
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
Singapore stocks to watch Friday: StarHub, Dairy Farm, Ascendas REIT, Parkway Life REIT, Spackman
September is Shenton Wire’s pledge drive month. Our goal is to reach 2,000 new supporters. For the month of September, only supporters will have access…
