Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By


Sembcorp Marine plans rights issue to ‘ride out downturn’

The struggling shipyard company said the current priority is to ensure it has adequate liquidity to sustain operations and ride through the downturn. Sembcorp Marine reiterated that the rights issue will provide it with much-needed recapitalisation to ride out the industry downturn

The company warned that if shareholders did not vote for the transaction to go ahead, strenuous efforts to recapitalise and strengthen its balance sheet will be negated and the critical need to address liquidity requirements will fail

Related Content





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts