Sembcorp Marine recapitalisation 'critical' for its liquidity

Singaporean offshore and marine contractor urging shareholders to vote in favour of proposed transaction that will see the government's investment arm taking a direct stake

Challenging times: Sembcorp Marine needs funds to help it through the industry downturn
Challenging times: Sembcorp Marine needs funds to help it through the industry downturnPhoto: REUTERS/SCANPIX
Published 7 August 2020, 11:29Updated 7 August 2020, 11:29