Sembcorp Industries (SCI)

Energy

Sembcorp, Seatrium win on energy transition cooperation

Sembcorp Industries and Seatrium are among a handful of stocks that will benefit from the JS-SEZ, according to DBS Group Research.

Broker's Calls

Brokers’ Digest: CapitaLand Investment, DBS, Sembcorp, Hong Leong Asia, First Resources

Here's what the analysts have to say about these counters this week.
Maybank keeps Sembcorp at ‘buy’ with higher TP following agreement to import renewable energy from Malaysia - THE EDGE SINGAPORE

Broker's Calls

Maybank keeps Sembcorp at ‘buy’ with higher TP following agreement to import renewable energy from Malaysia

Maybank increases TP on Sembcorp following new agreements signed to secure more energy.

Broker's Calls

Brokers’ Digest: SingPost, LHN, IHH Healthcare, UOB, CSE Global, Centurion, Sembcorp, Nanofilm, Zixin

Here's what the analysts have to say about these counters this week.
DBS adopts more conservative stance than market on JS-SEZ but remain optimistic on the partnership - THE EDGE SINGAPORE

Broker's Calls

DBS adopts more conservative stance than market on JS-SEZ but remains optimistic on the partnership

Analysts await the upcoming 11th Malaysia-Singapore Leaders Retreat in Dec; while naming Seatrium, Sembcorp, Mapletree Logistics Trust and Venture Corporation as some near-term beneficiaries.
With 300MW wind-solar project win in India, Sembcorp at 64% of 2028 renewable energy goal: CGSI - THE EDGE SINGAPORE

Broker's Calls

With 300MW wind-solar project win in India, Sembcorp at 64% of 2028 renewable energy goal: CGSI

Sembcorp’s overall renewable energy gross capacity has reached 16GW, or 64% of its 2028 target of 25GW.

Broker's Calls

CGSI and Maybank maintain ‘buy’ on Sembcorp; TP unchanged following the divestment of Sembcorp Environment

CGSI has kept its target price unchanged at $7.32 while Maybank Securities has maintained its target price at $6.
Rooftop solar panels by Sembcorp to generate 4% of SingPost Centre’s annual energy use - THE EDGE SINGAPORE

Energy

Rooftop solar panels by Sembcorp to generate 4% of SingPost Centre’s annual energy use

While the solar PV system is owned, operated and maintained by Sembcorp Solar Singapore, it could be transferred to SingPost at the end of the power purchase agreement.

Deals, joint ventures & alliances

Sembcorp’s India subsidiary in talks for JV with Bharat Petroleum on renewable energy, green hydrogen projects

Sembcorp Green Hydrogen India is in talks to enter into a JV for renewable energy and green hydrogen projects in India.

Oil & Gas

Sembcorp signs gas sales agreement to import from Indonesia

Gas delivery is anticipated to commence from 2026 and has an expected tenure of approximately 11 years.
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