
Will Sembcorp sell its marine business?
It is currently undertaking a strategic review of its businesses.
Sembcorp Industries is currently undergoing a strategic review of the group’s businesses and OCBC Investment Research said there are various scenarios that can happen until the conclusion in 4Q17.
"Some of the possible outcomes include the divestment or privatisation of Sembcorp Marine," lead analyst Low Pei Han said.
The analyst added, "For the funding of the latter, divestments of non-core assets could help to shore up capital, and this could include Sembcorp Design and Construction, as well as Singapore MINT."
Additionally, there could also be divestment of certain utilities assets in more mature markets where the projected rate of growth is lower than assets in emerging markets.