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Brokers' take

Published Mon, Sep 21, 2015 · 09:50 PM

Sembcorp Industries | Buy

Sept 21 close: S$3.57

Target price: S$4

DBS Group Research, Sept 21

Sembcorp Industries Ltd announces that its wholly owned subsidiary, Sembcorp Environment Pte Ltd, has signed an agreement to divest its 40 per cent stake in Australian waste management company - SembSita Pacific Pte Ltd to JV partner Suez Environnement Asia Ltd.

The cash considera…

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