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Sembmarine declares request for trading halt

It called for a trading halt past 8 a.m.

Before Tuesday’s stock trading ends, Sembcorp Marine (Sembmarine) filed a bourse on SGX, saying it requests to stop trading.

The statement was posted at 8:19 a.m. with the pending release of announcements.

Aside from this firm, SATS also previously said it wanted to halt trading.

Sembcorp improved its EBITDA whilst its net loss went down by 77% in the second half of 2022.

The enhanced financial performance came after the firm completed some of its key projects.

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