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Sembcorp to take on strategic review; Q1 profit up 11.3%

Business model and strategic direction to be examined, says new CEO

Singapore

SEMBCORP Industries will be undertaking a strategic review of its business, its new chief executive officer Neil McGregor said on Wednesday as the firm announced an 11.3 per cent year-on-year rise in net profit for the first quarter of this year.

The review, to be

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