Strategy & Stock Picks 1Q2021- 2021 Strategy (13 Jan 2021) questions

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  • #39807

    Research Department

    Question: For SCM to buy over the O&M assets from Keppel, they will need more funding. How is SCM likely to raise the fund and what will be the impact to the current SCM share price?

    Answer: We believe that SCM will raise a combination of equity and debt. Specifically, SCM will raise green loans to finance their acquisition of the Keppel O&M unit.

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