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Stocks to watch: Sembcorp Industries

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Romaine Chan

Published Tue, Jan 21, 2025 · 08:09 AM
    • The NSSE Power Plant is the first utility-scale integrated solar and energy storage project in Nusantara, Indonesia.
    • The NSSE Power Plant is the first utility-scale integrated solar and energy storage project in Nusantara, Indonesia. PHOTO: BT FILE

    THE following company saw new developments that may affect trading of its securities on Tuesday (Jan 21): 

    Sembcorp Industries : Its wholly owned subsidiary and PT PLN Nusantara Renewables on Monday launched a utility-scale integrated solar and energy storage project in Indonesia’s new capital. The project marks Sembcorp’s first venture into large-scale solar development in Indonesia. Shares of Sembcorp ended 0.5 per cent or S$0.03 higher at S$5.66, before the news.

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