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Sembcorp Industries eyes double-digit ROE with new strategy

Transformation of its utilities division is core to new growth; one goal is to double renewables to 4000 MW by 2022


SEMBCORP Industries is aiming for double-digit return on equity in the next five years with its new growth strategy, group president and CEO Neil McGregor said on Friday.

The repositioning of the utilities unit for the benefit of improving returns and shortening the time...