Sembcorp Industries raises stake in Vietnam JV

22 Nov 2017 - Singapore Business Review
The shares were purchased for US$6.9m. Sembcorp Industries (SCI) raised its stake in a joint venture (JV) firm Vietnam Singapore Industrial Park Pte Ltd (VSIPPL) from 92.9% to 96.6%. According to a press release, the consideration price of the shares hit US$6.9m. The acquisition of shares in VSIPPL from ...
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Sembcorp Industries unit ups stake in Vietnam-Singapore industrial park developer

21 Nov 2017 - Business Times Breaking News
SEMBCORP Industries has raised its stake in the Singapore consortium holding a controlling stake in the developer of Vietnam-Singapore Industrial Park projects.The group, through its wholly owned subsidiary Sembcorp Development, has entered into a sale and purchase agreement to buy an additional 3.7 ...
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Sembcorp Development: Increases Stake In Vietnam Joint Venture.

21 Nov 2017 - ShareInvestor Express
Sembcorp Industries' wholly-owned subsidiary, Sembcorp Development, has entered into a sale and purchase agreement that will increase its interest in Vietnam Singapore Industrial Park Pte Ltd from 92.9% to 96.6%. The acquisition of shares in VSIPPL from a minority shareholder is expected to be completed ...
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Is Sembcorp Industries' Indian IPO ready for takeoff?

21 Nov 2017 - Singapore Business Review
Their acquisitions in 2017 raised speculations on their listing in India. Sembcorp Industries (SCI) had an eventful year due to its Indian segment, so OCBC Investment Research said it is not surprising if it undertakes an initial public offering (IPO). An October report by India’s LiveMint mentioned ...
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Daily Briefing: OCBC, Sembcorp Marine buy back their shares; Singapore's rail woes unlikely to throw off expats

17 Nov 2017 - Singapore Business Review
And here's why Noble's falling stock is unlikely a bargain. From The Motley Fool: Oversea-Chinese Banking Corporation (OCBC), the second largest financial services group in Southeast Asia by assets recently repurchased 400,000 shares at a price range between $11.70 and $11.74 apiece. The total cost was ...
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Sembcorp Green Infra wins 250-MW project in Indian wind tender - Renewables Now

14 Nov 2017 - Renewables Now

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Sembcorp unit wins second wind power auction in India

13 Nov 2017 - Business Times Breaking News
IN a back-to-back win, Sembcorp's renewable energy business, Sembcorp Green Infra, was awarded a 250 MW project in India's second nationwide wind power tender. The project is expected to be developed in phases, and targeted to be fully commissioned by the first half of 2019.Once the project is completed, ...
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Sembcorp: Emerges A Winning Bidder Again In India's Second Wind Power Auction.

13 Nov 2017 - ShareInvestor Express
Sembcorp has won yet another project in India's wind power market. Its renewable energy business Sembcorp Green Infra was awarded a 250-megawatt project in the country's second nationwide wind power tender. This makes Sembcorp the utility player which has won the largest combined capacity in India's ...
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Stocks to watch: UOB, China Aviation Oil (S) Corp, Manulife US Reit, StarHub, Sembcorp Industries

3 Nov 2017 - Business Times Breaking News
STOCKS to look out for on Friday morning trading include UOB, China Aviation Oil (S) Corp, Manulife US Real Estate Investment Trust, StarHub and Sembcorp Industries.United Overseas Bank: UOB said on Friday net earnings for the third quarter rose 12 per cent over the same period a year ago to S$883 million, ...
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Sembcorp Industries' Q3 net profit down 38%

2 Nov 2017 - Business Times Breaking News
HIGHER finance costs and lower revenue eroded earnings for Sembcorp Industries in its third quarter.Net profit tumbled 37.7 per cent to S$33.6 million from the previous year, the group said in a Singapore Exchange filing on Thursday evening.For the three months ended Sept 30, revenue fell 15.5 per cent ...
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