Photo: Sembcorp Industries

PhillipCapital analyst Terence Chua has downgraded his recommendation on Sembcorp Industries to “neutral” from “accumulate” as he sees that most of the counter’s positives have been “priced in”.

The group’s ambition of transforming its portfolio is not new either, he writes in a May 31 report.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook