Sembcorp Marine Ltd is proposing to change its name from “Sembcorp Marine Ltd” to “Seatrium Limited” following completion of the combination of the businesses of the company and Keppel Offshore & Marine Ltd on 28 February 2023, and will adopt a new branding for the enlarged entity.
The proposed change of name is subject to shareholders’ approval and will not affect the identity of the company or any of its rights and obligations, nor will it affect any of the rights of shareholders or the Group’s daily business operations and financial standing.
Seatrium is a combination of two words – “sea” and “atrium”. It is a reflection of the business and its aspiration to be a premier global player providing innovative engineering solutions for the offshore, marine and energy industries. To develop the proposed name, more than 1000 names were generated, and a rigorous process of legal and linguistic screening was carried out to ensure that the chosen name would be viable.