1,162 Followers SGX:U96 - Sembcorp Industries Ltd Sembcorp Ind
Sector: Industrials, Industry: Industrial Conglomerates
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Sembcorp Utilities to develop 750-megawatt gas-fired power project in Vietnam

27 Apr 2018 - Singapore Business Review
It signed an MOU with the government of Quang Ngai Province. Sembcorp Industries' (Sembcorp) subsidiary Sembcorp Utilities signed a memorandum of understanding (MOU) to develop a 750-megawatt gas-fired power project in the Dung Quat Economic Zone, in central Vietnam’s Quang Ngai province. The MOU was ...
sgx:u96

What now for Sembcorp Industries after the energy market opens?

26 Mar 2018 - Singapore Business Review
Analysts doubt it will dent earnings, as Sembcorp Power only contributed $3.4m-$4.4m to net profit. Amidst threats of default and irrational competition as Singapore’s energy market liberalises, OCBC Investment Research said that Sembcorp Industries, one of the big players, is unlikely to be unaffected. ...
sgx:u96

Sembcorp Industries eyes a clean energy acquisition

5 Mar 2018 - Singapore Business Review
It wants to achieve double-digit ROE in five years and renewables business growth amongst others. Sembcorp Industries (SCI) has indicated interest in buying clean energy producer Orange Renewable from Singapore-based AT Capital Group, OCBC Investment Research said, citing media reports. According to ...
sgx:u96

Sembcorp Industries to launch Indian IPO

23 Feb 2018 - Singapore Business Review
It will sell utilities assets that are expected to yield $500m, adding to the proceeds of the IPO. Sembcorp Industries is preparing for an initial public offering (IPO) of Sembcorp Energy India Limited (SEIL) on BSE Limited and the National Stock Exchange of India (NSE), with the filing of a draft red ...
sgx:u96

Sembcorp Industries profits crashed 84.6% to $22.8m in Q4

23 Feb 2018 - Singapore Business Review
It was hit by a $35m loss due to the poor performance of its marine rig business. Sembcorp Industries’ profit crashed 84.6% YoY to $22.8m in 4Q2017, bringing its full-year net profit to $230.8m, which dropped 41.6% YoY. OCBC Investment Research noted that SCI’s results were dragged by poorer performance ...
sgx:u96

Sembcorp merges energy businesses under one entity

19 Feb 2018 - Singapore Business Review
Sembcorp Gayatri Power and SGI to be put under Sembcorp Energy India Limited. Sembcorp Industries will consolidate its thermal and renewable energy businesses in India under a single entity to further streamline their shareholding structure. As part of the reorganisation, Sembcorp’s wholly-owned subsidiary ...
sgx:u96

Sembcorp Industries pushes results announcement

16 Feb 2018 - Singapore Business Review
It has yet to address its Indian IPO and Sembmarine collaboration. Sembcorp Industries (SCI) is pushing the release of its results to 23 February, and DBS Equity Research expects that it could also announce the outcome of its strategic review. According to a report, one of the topics SCI could address ...
sgx:u96

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