- Sembcorp announced today it is exploring the potential divestment of SembWaste, its waste management business, and its energy from waste (EfW) plant. Sembcorp has appointed The Hongkong and Shanghai Banking Corp Ltd (HSBC) as financial advisor, and preliminary discussions with selected parties have commenced. SembWaste posted S$13.86m FY22 net profit with est. EBITDA of S$34m.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- Multiple visible catalysts ahead for Sembcorp:
- Read more at SGinvestors.io.
Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.
LIM Siew Khee CGS-CIMB Research | Izabella TAN CGS-CIMB Research | https://www.cgs-cimb.com 2023-06-06
Read also CGS-CIMB's most recent report:
2023-08-07 Sembcorp Industries - Strive Towards Stability.Previous report by CGS-CIMB:
2023-06-20 Sembcorp Industries - Have Sembcorp Shares Been Oversold On Temporary Price Cap?.Price targets by 5 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
Sembcorp Industries - Multiple Re-Rating Catalysts Visible
Sembcorp (SGX:U96)
