29 Jul 2020

Extraordinary General Meeting to be Held on 11 August 2020 – Possible Delay in Receipt of Printed Copies of Circular

Unless otherwise defined, all capitalised terms shall bear the same meanings ascribed to them in the Circular (as defined below).


Singapore, 29 July 2020 – Sembcorp Marine Ltd (“SCM” or the “Company”) refers to the Company’s announcement dated 22 July 2020 in relation to the issue of the circular to shareholders of the Company (“Shareholders”) dated 22 July 2020 (the “Circular”) setting out further information on the Rights Issue and the Whitewash Resolution.

Following the issue of the Circular, the Company has been made aware that shipments from Singapore to overseas and vice versa may face substantial delay due to COVID-19 which has severely impacted international movement of people and goods as countries implement additional border controls and restrictions on international travel. As a result, airlines have drastically reduced international services, leading to a significant reduction in air freight capacity and frequency to and from Singapore to international destinations. Accordingly, Shareholders with addresses outside Singapore for the service of notices and documents (“Overseas Shareholders”) may experience significant delays in receiving printed copies of the Circular and Overseas Shareholders who intend to submit their completed Proxy Forms via mail should note that there may be a significant delay before the Company receives such completed Proxy Forms.

In this regard, Shareholders (including Overseas Shareholders) should note that they can download a copy of the Circular, the Notice and the Proxy Form from the Company’s website at the URL https://www.sembmarine.com/extraordinary-general-meeting, or from the SGX website at the URL https://www.sgx.com/securities/company-announcements. Shareholders are also encouraged to submit their completed Proxy Forms electronically via email as further described in the Circular, the Notice and the Proxy Form.



Tan Yah Sze
Company Secretary
29 July 2020


For the full PDF of this announcement, please click here.


Important Notice

This announcement is for information only and does not constitute or form part of any offer or invitation to sell or issue or subscribe for, or any solicitation of any offer to acquire, any Rights Shares or to take up any entitlements to Rights Shares in any jurisdiction in which such an offer or solicitation is unlawful. No person should acquire any Rights Shares except on the basis of the information contained in an offer information statement to be lodged by the Company with the Monetary Authority of Singapore. The information contained in this announcement should not be distributed, forwarded to or transmitted in or into any jurisdiction where to do so might constitute a violation of applicable securities laws or regulations. The issue, exercise or sale of Rights Shares and the acquisition or purchase of the Rights Shares are subject to specific legal or regulatory restrictions in certain jurisdictions. The Company assumes no responsibility in the event there is a violation by any person of such restrictions.

The distribution of this announcement into jurisdictions other than Singapore may be restricted by law. Persons into whose possession this announcement and such other documents come should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Neither the content of the Company’s website nor any website accessible by hyperlinks on the Company’s website is incorporated in, or forms part of, this announcement.