Investors’ FAQ

 

Where can I find information and updates on the proposed 2021 Rights Issue?

Sembcorp Marine announced on 24 June 2021 a proposal to further raise approximately S$1.5 billion through a fully committed, renounceable Rights Issue of up to 18,833,468,826 new ordinary shares in the capital of the Company on the basis of 3 new shares for every 2 existing shares held at a Rights Issue price of S$0.08 per share.

An overview of the proposed transaction and links to the related announcements and updates can be found at the 2021 RIghts Issue section of this website. Sembcorp Marine’s SGXNet announcements are also accessible via this link and the SGX-ST website

 

Where can I find the results and overview of the completed 2020 Rights Issue? 

For the results and overview of the 2020 Rights Issue, please click here


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When was Sembcorp Marine Ltd incorporated?

Sembcorp Marine, formerly known as Jurong Shipyard Limited, was incorporated on 25 April 1963. The company was listed on 18 September 1987 and underwent a name change in 2000 to Sembcorp Marine Ltd.

 

What are the details of Sembcorp Marine’s listing?

Our listing details are as follow:.

Listed onMainboard of the Singapore Exchange (SGX)
Number of issued shares12,555,645,884 (as at 9 March 2021)
Number of treasury shares416,840
Listing Date18-Sep-87
ISINSG1H97877952
Trading Lot Size
100 shares
SGX Stock Code
S51


What are Sembcorp Marine’s ticker codes?

SGX Stock CodeS51
Bloomberg TickerSMM:SP
Reuters TickerSCMN.SI


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Who are Sembcorp Marine’s Board of Directors and key executives?

Directors9 directors (6 of whom are independent)
(as at 9 March 2021)

ChairmanTan Sri Mohd Hassan Marican
(appointed April 22, 2014)

President & Chief Executive OfficerWong Weng Sun
(appointed May 1, 2009)

For more details on our directors, please refer to the board of directors section of our website.
Information on our key executives can be found in the senior management section.

 

How are the Directors selected?

The Board ensures that Directors possess the background, experience and knowledge in technology, business, finance and management skills critical to the Group’s business and that each director should bring to the Board an independent and objective perspective to enable balanced and well considered decisions to be made. Current Directors include business leaders, bankers and professionals with financial and legal backgrounds. The Nominating Committee reviews the composition of the Board and Board committees periodically to ensure that the Board is of an adequate size with the right mix of skills and experience that facilitates effective decision making.

For more information, please refer to the corporate governance section of our annual report here.

 

Where do I find out more about how Sembcorp Marine grows value for shareholders?

Every year, the Company’s Chairman and CEO update shareholders and stakeholders on business strategy and direction. This is available in the Chairman and CEO’s Report chapter of the annual report which can be referenced here.

The CEO provides subsequent updates every quarter which can be accessed in the financial results & business updates section of the website.

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What is Sembcorp Marine’s fiscal year?

1 January to 31 December of the same year.

 

How often does Sembcorp Marine report its financial results in a year? 

In January 2020, the Stock Exchange of Singapore announced their decision to discontinue the mandatory quarterly reporting (QR) requirement for most listed companies. Sembcorp Marine has accordingly ceased QR from the first quarter of FY2020 onwards and release only the Group’s half-year and full-year financial results.  However, we will continue to engage our stakeholders regularly and publish quarterly updates on key market and industry trends as well as our contract wins, projects in progress, major company developments and other pertinent issues.

These are available via the Singapore Stock Exchange’s website and be posted on the financial results & business updates and stock exchange announcements pages of our corporate website.

The results announcement dates will be announced via SGX and posted on our website in the financial calendar section.

 

Where can I obtain a copy of your Annual Report?

Our latest Annual Report is available only in digital format and can be accessed at the annual report section of our website.


Who are Sembcorp Marine’s auditors?

AuditorsKPMG LLP

 

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When is the final dividend usually paid out?

Payment Date GuidanceFinal dividend is typically announced in February. Book closure date is typically in April, and dividends usually paid in May.



What are the details of the dividend payment for the current year? 

QuarterFY 2020
Dividend TypeFinal
4Q results and dividend announcement date23-Feb-21
Dividend paid per ordinary shareNil
Quarter2Q 2020
Dividend TypeInterim
2Q results and dividend announcement date15-Jul-20
Dividend paid per ordinary shareNil

Details on past dividends can be found at the dividend information section of this website.



What do I do if I have more questions or need help on my dividends? / Who is your Registrar?

For any additional queries, you may contact Sembcorp Marine's Registrar KCK Corpserve Pte Ltd, 333 North Bridge Road, #08-00 KH Kea Building, Singapore 188721; Tel: 6837 2133.

 

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Which analysts cover your company?

CIMB ResearchLim Siew Khee
Citi ResearchChang Kwok Wei
CLSA Asia-Pacific MarketsLow Horng Han
DBS Vickers SecuritiesHo Pei Hwa
HSBCRahul Bhatia
JP MorganAjay Mirchandani
KGIFraserJoel Ng
Macquarie Capital SecuritiesFoo Zhi Wei
Morgan Stanley AsiaMayank Maheshwari
Morningstar ResearchLee Chok Wai
OCBC Investment ResearchLow Pei Han
UBS SecuritiesCheryl Lee
UOB Kay HianAdrian Loh

 

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    Why was the 58th AGM on 23 April 2021 conducted via audio-visual webcast/audio-only stream?

    Sembcorp Marine's decision to convene and hold the AGM by way of electronic means via audio-visual webcast / audio-only stream follows:

    (a) the COVID-19 (Temporary Measures) Act 2020 which enables the Minister for Law by order to prescribe alternative arrangements for listed companies in Singapore to, inter alia, conduct general meetings, either wholly or partly, by electronic communication, video conferencing, tele-conferencing or other electronic means;
    (b) the COVID-19 (Temporary Measures) (Alternative Arrangements for Meetings for Companies, Variable Capital Companies, Business Trusts, Unit Trusts and Debenture Holders) Order 2020 (the “Order”) which sets out the alternative arrangements in respect of, inter alia, general meetings of companies; and
    (c) the joint statement by the Accounting and Corporate Regulatory Authority, Monetary Authority of Singapore and Singapore Exchange Regulation of 13 April 2020 (and subsequently updated on 27 April 2020, 22 June 2020 and 1 October 2020) which provides additional guidance on the conduct of general meetings during the period from 27 March 2020 to 30 June 2021.


    Will there be a replay available for shareholders who pre-registered but missed the live AGM proceedings?

    Unfortunately there will not be a replay of the proceedings. Information on the AGM outcome will be available at the annual general meeting page. The minutes of the AGM will be published on our corporate website and on SGXNet.

     

    Where can I find the documents on the most recent AGM?

    More information can be found at the annual general meeting section of the website.


    How do I obtain date and venue details of your upcoming AGM?

    The Notice of AGM which includes details of the event is annually made available to our shareholders and the public through:

    • The annual general meeting and announcements sections of this website
    • Singapore Stock Exchange website
    • Emailed to those who have subscribed to our alerts service
    • Published as a newspaper advertisement notice at least 14 days before the actual date, typically in The Business Times


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    Who do I contact for investor-related questions?

    You may email investor.relations@sembmarine.com or call +65 6971 7044 to connect with the Investor Relations team.

     


    How can I keep up to date on Sembcorp Marine's news?

    You may subscribe to our email alerts here.

    Alternatively, you can access our stock exchange announcements section, news section and financial calendar section for the related information.



    Can I request for printed copies of the latest Annual Report and Sustainability Report?

    Our latest Annual Report and Sustainability Report are available only in digital format. The electronic versions of the reports are available for download at the following links:

     

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