Sembcorp Marine unveils metrics for proposed combination with Keppel O&M

Amongst these metrics is an order book of $6.4b.

Sembcorp Marine has unveiled the financial and operating metrics of its proposed combination with a restructured Keppel Offshore and Marine (Keppel O&M) in a response to the queries of its shareholders.

Amongst these metrics is an order book of $6.4b, and revenue of $3.9bn, assuming that the combination has been effected on 31 December 2021.

The enlarged order book of the combined entity will also allow Sembcorp Marine to optimise its larger and newer yards in Singapore and Brazil.

Meanwhile, the illustrative net tangible assets (NTA) for the combined entity is at $4.7b, and NTA per share is at $0.07.

Overall, Sembcorp Marine said the combined entity will be able to "accelerate its advancement into the cleaner and greener O&M and energy market, ensuring it is well placed to respond to new challenges and the evolving priorities of a low carbon economy."

"Sembcorp Marine and Keppel O&M are Singapore’s home-grown marine icons, and the Proposed Combination will create a premier global player with a deep engineering heritage to offer offshore renewables, new energy and cleaner solutions in the O&M sector, creating significant value on multiple levels for all its stakeholders," Sembcorp Marine added.

Follow the link s for more news on

Keppel Offshore & Marine

Sembcorp Marine

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia