Keppel and Sembcorp land deal on merger

Singapore companies Keppel and Sembcorp Marine have signed a merger agreement after long ongoing negotiations. Local investor to own third of the new company.

Photo: PR / Keppel

The two Singapore-based shipyards Keppel and Sembcorp Marine have completed a merger deal after the two companies initiated negotiations last year, announces Keppel in a press release.

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