What is the arrangement if I hold Sembcorp Industries shares under OCBC BCIP? Will I be assigned new SCM shares in BCIP?

Yes whatever is planned will apply for your investment under OCBC BCIP. The bank will update you if any action needed.

You can call the hotline if you have any questions. Most likely they will give you a callback once they have checked with the team.

As both SCI and SCM are counters included in the BCIP, you should be able to see both in your BCIP after the de-merger.