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
How I knew I was ready to retire at 50
Coinbase to expand Singapore operations, grow headcount to 200 despite global restructuring
Early payout from Philippines’ Maharlika Investment Fund raises eyebrows over its true nature
Lermit Road bungalow owned by family of Dennis Lee’s son on the market at S$98.8 million