Clear Majority Shareholders of Sembmarine Approve of Keppel O&M Merger
Posted on 02/19/2023
Singapore’s Temasek Holdings controls 54.6% of Sembcorp Marine (Sembmarine). After a year of examining and drama, 95.28% shareholders of Sembmarine voted for the Keppel O&M merger. Post-merger, Temasek Holdings will hold 35.5% of the new entity. Keppel Corporation shareholders gave their approval to the deal on December 8, 2022, with an overwhelming vote of 99.96%.…
