Part 3/11:

Temasek Holdings, a key strategic investor, is set to become a substantial direct shareholder, elevating its stake from 30.1% to between 58.1% through the transaction. This move aligns with the company's plan to bolster its liquidity position, with the company allocating funds primarily to repay a S$1.5 billion loan. The remaining S$600 million will serve as a financial buffer to navigate the current downturn in the offshore markets.