Sembcorp Marine reported Tuesday a 2Q19 net loss of S$8.5 million due to accelerated depreciation, but that was narrower on-year.
These are Singapore companies which may be in focus on Thursday, 18 July 2019: UOB, SembMarine, CapitaLand Commercial Trust and Qian Hu.
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 said Monday it lodged a suspicious transaction report with the Singapore Police Force over the activities of the former president of its Brazilian 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 said Friday it agreed to provide Semcorp Marine with a loan of S$2 billion to strengthen the rig builder’s financial position.
This article was originally published on Friday, 3 May 2019 at 7:48 A.M. SGT; it has since been updated. Sembcorp Marine reported Friday its first…
UOB KayHian downgraded Sembcorp Industries to Hold from Buy, pointing to concerns over earnings in India and an overhang from Sembcorp Marine.
These are Singapore companies which may be in focus on Tuesday, 26 February 2019: ST Engineering, SembMarine, Sheng Siong and Ho Bee Land.
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.
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.
These are Singapore companies which may be in focus on Wednesday, 20 February 2019: SembMarine, BreadTalk, Keppel Infrastructure, Courts and Kingsmen.