Issue 192: Sembcorp’s renewable catalysts; South-east Asia’s geothermal potential
This week in ESG: Sembcorp shareholders approve S$0.16-per-share final dividend; Singapore requests geothermal feasibility study
Sustainable investing
Structural changes ahead for Sembcorp’s renewables business
Sembcorp Industries shareholders who stuck with the energy and urban solutions group through a tumultuous year will receive a slightly higher dividend for their patience.
But keeping those shareholders happy will boil down to Sembcorp’s success on three pivotal renewable energy bets: A fix to China’s imbalanced market, a spin-off of assets in India, and a major acquisition in Australia.
TRENDING NOW
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
From hawker stall to Enterprise Award winner: How Han Keen Juan scaled the Old Chang Kee empire
Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects
Xi Jinping has just rewritten the rules of US-China rivalry