Sembcorp Marine : Results of the Extraordinary General Meeting Held by Sembcorp Industries Ltd on 11 August 2020

Results of the Extraordinary General Meeting Held by Sembcorp Industries Ltd on 11 August 2020

This announcement is not an offer of securities for sale into the United States (including its territories and possessions, any state of the United States and the District of Columbia), Canada or Japan. The provisional allotments of Rights Shares, the Rights Shares and the Excess Rights Shares referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as such term is defined in Regulation S under the Securities Act), except pursuant to an applicable exemption from registration. No public offering of securities is being made in the United States.

Unless otherwise defined, all terms and references used herein shall bear the same meanings ascribed to them ascribed to them in the Circular to Shareholders dated 22 July 2020 in relation to, among others, the Rights Issue.

The Directors refer to the Company's announcement earlier today in relation to the results of the EGM.

The Company would like to inform Shareholders that SCI has announced today that the SCI Distribution Resolution was duly approved and passed by the SCI Shareholders at the SCI EGM. Accordingly, the Transaction (including the Rights Issue) can now proceed.

In addition, the Record Date for the Rights Issue of 5.00 p.m. on 14 August 2020 for the purpose of determining the provisional allotments of Rights Shares of Entitled Shareholders under the Rights Issue is hereby confirmed. For further details, please refer to the Company's announcement dated 5 August 2020.

The Company also looks forward to sharing more information on the application process for the Rights Shares with Shareholders in the near future.

BY ORDER OF THE BOARD
Tan Yah Sze
Company Secretary
11 August 2020

For the PDF version 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.

The Directors (including any Director who may have delegated detailed supervision of the preparation of this announcement) have taken all reasonable care to ensure that the facts stated and opinions expressed in this announcement are fair and accurate and that there are no other material facts not contained in this announcement, the omission of which would make any statement in this announcement misleading.

Where any information has been extracted or reproduced from published or otherwise publicly available sources, the sole responsibility of the Directors has been to ensure through reasonable enquiries that such information is accurately extracted from such sources or, as the case may be, reflected or reproduced in this announcement.

The Directors jointly and severally accept responsibility accordingly.

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