2755499 - Oracle Upgrade 12.2 link error - recipe for target 'proc' failed

When upgrading the Oracle Database to 12.2.0.1 the below link related error comes up during the SBP installation, like:

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test ! -f /oracle/<sid>/12201/bin/wrap || (\
mv -f /oracle/<sid>/12201/bin/wrap /oracle/<sid>/12201/bin/wrapO &&\
chmod 600 /oracle/<sid>/12201/bin/wrapO )
mv /oracle/<sid>/12201/plsql/lib/wrap /oracle/<sid>/12201/bin/wrap
chmod 751 /oracle/<sid>/12201/bin/wrap
make -f /oracle/<sid>/12201/precomp/lib/ins_precomp.mk relink EXENAME=proc
make[1]: Entering directory '/oracle/<sid>/12201/precomp/lib'
Linking /oracle/<sid>/12201/precomp/lib/proc
/oracle/<sid>/12201/lib//libclntsh.so: undefined reference to `ons_subscriber_create_wtimeout_ctx'
/oracle/<sid>/12201/lib//libclntsh.so: undefined reference to `ons_init_wconfig_ctx'
/oracle/<sid>/12201/lib//libclntsh.so: undefined reference to `ons_shutdown_wtimeout_ctx'
/oracle/<sid>/12201/lib//libclntsh.so: undefined reference to `ons_subscriber_cancelcallback'
/oracle/<sid>/12201/lib//libclntsh.so: undefined reference to `ons_error_set'
/oracle/<sid>/12201/lib//libclntsh.so: undefined reference to `ons_thread_stacksize'
/bin/chmod: cannot access '/oracle/<sid>/12201/precomp/lib/proc': No such file or directory
/oracle/<sid>/12201/precomp/lib/ins_precomp.mk:118: recipe for target '/oracle/<sid>/12201/precomp/lib/proc' failed
make[1]: *** [/oracle/<sid>/12201/precomp/lib/proc] Error 1
make[1]: Leaving directory '/oracle/<sid>/12201/precomp/lib'
ins_precomp.mk:28: recipe for target 'proc' failed
make: *** [proc] Error 2
Executing link script "./link.XYZ.sh"...failed.
Cannot execute link script. Continuing.
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Where "./link.XYZ.sh" is a .sh file, for an example: "./link.VMEKV001.sh", "./link.stwsdb01.sh", etc.

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