Sembcorp Industries (Sembcorp)


Sembcorp acquires Veolia's public cleaning business for $28 mil

SINGAPORE (Jan 3): Sembcorp Industries is acquiring a 100% stake in Veolia ES Singapore (VESS) and its public cleaning business for $28 million.

Broker's Calls

Sembcorp's green energy business deeply undervalued: DBS

SINGAPORE (Sept 12): DBS Group Research is maintaining its “buy” recommendation on Sembcorp Industries (SCI) with a target price of $3.20.

Investing ideas

All fired up over Sembcorp's energy business

SINGAPORE (Aug 22): Sembcorp Industries’ energy business finally offered a glimpse of its potential after operations in India showed signs of a turnaround and reported its biggest quarterly profit.

Company in the news

Sembcorp raises stake in India energy arm to 94.05% with $102 mil investment

(July 10): Sembcorp Industries has pumped in more funds to support the growth of its India renewable energy business.

Broker's Calls

Sembcorp kept at ‘add’ by CGS-CIMB on decent 3Q

SINGAPORE (Nov 5): CGS-CIMB Securities is maintaining Sembcorp Industries at “add” after 3Q earnings came within forecast despite recording losses in Sembcorp Marine.

Broker's Calls

Sembcorp kept at 'buy' with $3.41 target as India’s spot electricity prices continue to climb

SINGAPORE (Oct 9): UOB KayHian is maintaining Sembcorp Industries at “buy” with $3.41 unchanged target given its India operations are on track to break even or turn a profit in 2018.


Hyflux says still in talks with potential investors

SINGAPORE (Oct 5): Hyflux, in the process of restructuring its debts through the Singapore courts, says it remains in active talks with potential investors.


Sembcorp signs 20-year deal to supply solar power to Facebook Singapore’s ops

SINGAPORE (Sept 18): Sembcorp Industries has signed a long-term solar energy deal with US social media giant Facebook.

Sembcorp's Indian plant wins Bangladesh power supply tender

SINGAPORE/DHAKA (Aug 20): Sembcorp Industries said its power plant in India won a tender to supply 250 megawatts of power to Bangladesh for 15 years.

Broker's Calls

No O&M spinoff for Sembcorp? No worries

SINGAPORE (Aug 6): DBS Group Research is still clinging on to the hope of a merger between Keppel’s offshore & marine arm and Sembcorp Marine despite the spinoff not happening in last year’s st

Be informed of the stories that matter