Adrian Loh of UOB Kay Hian says “the benefits of this merger certainly outweigh the short-term pain.”
Sembcorp Marine would benefit in the long term from merger with Keppel O&M: UOB
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Adrian Loh of UOB Kay Hian says “the benefits of this merger certainly outweigh the short-term pain.”
Now SSM has 30b shares . After taking keppel , they will issue another 38 b , all in all become 68b shares company . If you read the cash flow , the in money is from rights issue not the ability to earn . Now after getting the money , instead of using it to beef up for working capital but using it to buy an asset by using 19 times to own one share. So the money flow out Liao . This SSM is now coined as 🪳shares。