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

• 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.
• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Tight electricity markets exacerbated by record-high temperatures

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-02-27 Sembcorp Industries - Opportunities In Energy Transition, AI & Industry.

Previous report by OCBC:
2024-11-21 Sembcorp Industries - Encouraging Demand Underpinnings.

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 Dividend Payout Dates & Corporate Actions,
Sembcorp News