Temasek to acquire the remaining shares in Sembcorp Marine for $991m.

Temasek, a Singaporean holding company, owned by the Government of Singapore, made a mandatory offer to acquire the remaining shares in Sembcorp Marine, a global marine and offshore engineering group, for $991m. The offer price is final and Temasek will not revise the offer price or any other terms of the mandatory offer. Temasek's intention is to maintain the listing status of Sembcorp Marine.