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Brokers' take

Published Tue, Jun 4, 2019 · 09:50 PM

Sembcorp Industries | Buy (maintained) June 4 close: S$2.39 Fair value: S$3.03 OCBC Investment Research, June 4

As trade tensions between the US and China intensify, investors have been wondering about the impact on their investments.

For Sembcorp Industries, the direct impact is not significant, given that it provides utilities, water and waste management and power services which are essential in nature.

There is, however, a positive indirect impact as Sembcorp Industries, having expertise in the development of industrial parks, is well-pl…

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