LEADING utilities provider SP Group's chief executive officer (CEO) Wong Kim Yin will become the new group president and CEO of Sembcorp Industries from July 1, 2020, said Sembcorp in a statement on Monday.

SEMBCORP Industries will be appointing a new group president and chief executive officer (CEO) to take over from Neil McGregor, who will retire on June 30, said the firm in a statement on Monday.  

SINGAPORE (Mar 9): Oil prices suffered the greatest price collapse since 1991 after Saudi Arabia ignited a price war with Russia following the latter’s refusal to join production cuts with OPEC.  Shortly after the opening bell, the international benchmark Brent crude, plunged from US$45 a barrel...

SINGAPORE (Feb 24): Analysts remain conservative in their calls for Sembcorp Industries, following the release of its FY2019 results on Feb 21. The group plunged into the red, after posting losses of $15 million in 4QFY2019, from earnings of $106 million for the corresponding quarter in the previou...

A PROTRACTED downturn in the marine sector and impairments of its UK energy asset pushed Sembcorp industries into the red. It posted a net loss of S$15 million for the fourth quarter, reversing from a profit of S$106 million a year earlier.

Submitted By:  Shaina Teope Case Study:  No The contraction in profits was due to losses incurred by the marine and energy business. Sembcorp Industries’ net ...

SINGAPORE (Feb 21): Sembcorp Industries posted losses of $15 million for 4QFY2019 ended December, a reverse into the red from earnings of $106 million reported for the corresponding quarter in the previous year.  This translates to a loss per share of 1.34 cents, compared to earnings per share of ...

SEMBCORP Industries sank into the red with a net loss of S$15 million for its fourth quarter ended Dec 31, 2019, compared with a net profit of S$106 million a year ago, dragged by lower revenue from its energy and marine segments. 

SINGAPORE (Feb 19): The Competition and Consumer Commission of Singapore (CCCS) has cleared Sembcorp Industries’ acquisition of Veolia ES Singapore (VESS).  On Jan 3, SembWaste, a wholly-owned subsidiary of Sembcorp Industries, had announced that it was acquiring a 100% stake in VESS and its pub...

Submitted By:  Clarist Zablan Case Study:  No Much of the group’s impairments came from the recently-acquired UKPR assets. Sembcorp Industries’ impairme...