540 Followers SGX:S51 - Sembcorp Marine (SGD 1.12) SEMBCORP MARINE LTD
Sector: Producer Manufacturing, Industry: Trucks/Construction/Farm Machinery

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Sembcorp Marine expects extension of loss-making streak in 2020

25 Feb 2020 - Singapore Business Review
But it also sees improvement in order visibility and prospects in other sectors. Sembcorp Marine’s headaches are likely to continue in 2020 after the company said in its profit guidance it expects to continue making losses. But whilst the company might not be out of the woods, it is seeing an improvement ...
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Sembmarine ex-consultant charged in Brazil for money laundering, corruption

21 Feb 2020 - Singapore Business Review
He was connected to a consultant engaged by its subsidiaries on contracts with Sete Brasil. Sembcorp Marine’s (Sembmarine) subsidiaries’ ex-consultant Guilherme Esteves de Jesus has been convicted of corruption, money laundering and participation in a criminal organization, in Brazil, the company announced ...
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Singapore shares edge up at Thursday's open; STI up 0.2%

20 Feb 2020 - The Business Times
SINGAPORE shares opened higher on Thursday tracking Wall Street stocks overnight, with the benchmark Straits Times Index gaining 6.83 points or 0.2 per cent to 3,220.54 as at 9.01am. Gainers outnumbered losers 80 to 27, after about 41.7 million securities worth S$58 million changed hands. Among the ...
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Stocks to watch: CapitaLand, Sembcorp, SembMarine, Sasseur Reit, Perennial, LMIRT

20 Feb 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday: CapitaLand: The landlord said on Wednesday that it's been running a free parking promotion at its malls since last Friday, to bolster footfalls during lunch and dinner hours amid the Covid-19 outbreak. ...
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Sembmarine's loss widened 85% to $137.17m in FY2019

20 Feb 2020 - Singapore Business Review
An accelerated depreciation for Tanjong Kling Yard was partly blamed for its loss. Sembcorp Marine's (Sembmarine) net loss worsened by 85% YoY to $137.17m in FY2019, from $74.13m in FY2018, the company announced. Its turnover crashed 41% to $2.88b from $4.89b over the same period. In Q4, the group reversed ...
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Singapore shares extend rally as virus worries begin to fade

6 Feb 2020 - The Business Times
AS attention pivots away from concerns over the spread of the novel coronavirus, risk-friendly activity in the region's equity markets continued to pick up on Thursday. Even though fatality and infection cases from the virus are still rising - more than 560 deaths and over 28,000 diagnosed, most Asia-Pacific ...
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Singapore shares open lower as investors await China market's reopen; STI down 0.8%

3 Feb 2020 - The Business Times
SINGAPORE shares started the week lower, before the Chinese market reopens after an extended closure following the Wuhan coronavirus outbreak. US and Europe markets had closed in the red on Friday and the Singapore market followed suit on Monday, with the Straits Times Index losing 25.18 points or 0.8 ...
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Stocks to watch: SembMarine, SIA, Ascendas Reit, Sarine, Pacific Star, Lifebrandz

3 Feb 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Monday: Sembcorp Marine (SembMarine): The former president of SembMarine's wholly-owned Brazilian subsidiary Estaleiro Jurong Aracruz, Martin Cheah Kok Choon, has been charged by the Public Prosecutor's Office in ...
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Brazilian authorities file money laundering, corruption charges against 2 men linked to Sembcorp Marine

3 Feb 2020 - The Edge Markets
SINGAPORE (Feb 3): Authorities in Brazil have filed charges against two individuals linked to Sembcorp Marine’s Brazilian subsidiary, Estaleiro Jurong Aracruz (EJA), in connection with certain drilling rig construction contracts with Sete Brasil in 2012, SembMarine revealed Monday. The Ministério Público ...
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Sembmarine unit's ex-president charged with money laundering in Brazil

3 Feb 2020 - Singapore Business Review
This was related to drilling rig contracts entered with Sete Brasil in 2012. The former president of Sembcorp Marine’s (Sembmarine) Brazilian subsidiary Estaleiro Jurong Aracruz (EJA), Martin Cheah Kok Choon, has been charged with money laundering and corruption by Brazil’s public prosecutor’s office, ...
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