SINGAPORE (Oct 8): Sembcorp Industries and the Energy Market Authority (EMA) have jointly awarded a grant to Nanyang Technological University (NTU) to develop Singapore’s first virtual power plant (VPP). The VPP acts like a “single utility-scale power station” and coordinates electricity prod...

SEMBCORP Industries (SCI) has agreed to sell its commercial construction business to a unit of Chip Eng Seng Corp for about S$49.9 million. Under the deal, SCI will sell Sembcorp Design & Construction (SDC) to Chip Eng Seng Construction Pte Ltd. Prior to that, SCI will transfer SDC's def...

SINGAPORE (Oct 2): Chip Eng Seng Corporation (CES) is acquiring Sembcorp Industries’ (SCI) commercial construction business unit for $49.9 million, both Mainboard-listed companies announced in separate SGX filings on Wednesday. Chip Eng Seng Construction, a wholly-owned subsidiary of CES, has ent...

SEMBCORP Industries has signed an agreement to sell the commercial construction business under its subsidiary to Chip Eng Seng Corp's unit for about S$49.9 million, both mainboard-listed firms said in separate bourse filings on Wednesday.

Submitted By:  Nathanielle Punay Case Study:  No Vietnam and China contributed 90% of the $86m urban development net profit in FY18. Sembcorp Industries' busine...

A SEMBCORP Industries unit has entered into a tripartite partnership with Vietnam state-owned property developer Becamex IDC Corporation (Becamex) and Vietnam Singapore Industrial Park JV Co (VSIP) to bring smart energy solutions to Vietnam.

A SEMBCORP Industries unit has entered into a tripartite partnership with Vietnam state-owned property developer Becamex IDC Corporation (Becamex) and Vietnam Singapore Industrial Park JV Co (VSIP) to bring smart energy solutions to Vietnam.

SEMBCORP Industries and UBS have signed a long-term solar energy deal which will see the energy player supplying renewable power to support the bank's Singapore operations over the next 10 years.

SINGAPORE (Sept 12): DBS Group Research is maintaining its “buy” recommendation on Sembcorp Industries (SCI) with a target price of $3.20. In a Sept 12 report, analyst Ho Pei Hwa says, “SCI offers a unique value proposition as a defensive utilities business, and as a proxy to ride the cyclica...

SINGAPORE (Sept 12): Global financial institution UBS will be Sembcorp Industries’ first renewable energy partner in the financial services industry, as the two have signed a long-term solar energy deal in Singapore.  As part of the deal, Sembcorp will provide locally-sourced renewable power to ...