SINGAPORE (Nikkei Markets) -- Shares of Sembcorp Marine plunged after the rig builder said Brazilian authorities had searched its premises, renewing concerns it could be hit with hefty fines in connection with a graft probe.
The search related to investigations of Guilherme Esteves de Jesus, a former consultant engaged by its Brazilian unit Estaleiro Jurong Aracruz, and of Martin Cheah Kok Choon, EJA's former president, the company said.
