Sembcorp Industries - OCBC Investment 2023-05-22: Supported By A Confluence Of Factors

Sembcorp Industries - Supported By A Confluence Of Factors

Sembcorp (SGX:U96) | SGinvestors.ioSembcorp (SGX:U96)
  • Sembcorp announced on 18 May 2023 that it will be developing a new multi-utilities centre on Jurong Island, which will supply power, steam, firewater and demineralised water to customers. Construction of the centre is expected to commence in 2H23 and be fully operational by 2026. This facility will include a new 600MW hydrogen-ready power plant, which Mitsubishi Power Asia Pacific and Jurong Engineering would be developing.
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Tight electricity markets exacerbated by record-high temperatures

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Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @

OCBC Research Team OCBC Investment Research | 2023-05-22

Read also OCBC's most recent report:
2023-08-08 Sembcorp Industries - Transforming From Brown To Green.

Previous report by OCBC:
2023-06-06 Sembcorp Industries - Continues Asset Recycling Efforts; Potential Divestment Of SembWaste.

Price targets by 4 other brokers at Sembcorp Target Prices.

Listing of research reports at Sembcorp Analyst Reports.

Relevant links:
Sembcorp Share Price History,
Sembcorp Announcements,
Sembcorp Dividends & Corporate Actions,
Sembcorp News Articles


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