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BRIEF-Sembcorp Marine Says Units Entered Share Swap Deal With EGT And Certain Shareholders

Reuters SG

Jan 15 (Reuters) - Sembcorp Marine Ltd:

* SEMBCORP MARINE TO INCREASE SHAREHOLDINGS IN SEMB-ECO PTE LTD

* AS PART OF DEAL, EGT WILL ASSIGN TO UNIT CERTAIN OF ITS INTELLECTUAL PROPERTY AND PROPRIETARY RIGHTS FOR ABOUT S$7.2 MILLION

* UNITS ENTERED SHARE SWAP DEAL WITH EGT AND CERTAIN SHAREHOLDERS TO EXCHANGE 10 MILLION SHARES OF EGT FOR 23.8 MILLION SHARES OF SEMB-ECO Source text for Eikon: Further company coverage: