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Back 18 Mar 2025

Sembcorp completes sale of waste management subsidiary for a consideration of $405 mil ​  

Link: https://links.sgx.com/1.0.0/corporate-announcements/UHULWJT5WMTMFYQS/3f79a2c3824c643bf9e1cc5387623c323e317005135da68014357a3e3ff0e171

Summary: Sembcorp Industries has completed the sale of its waste management subsidiary, Sembcorp Environment, to TBS Energi Utama for $405 million. TBS, a waste management company with operations in Singapore and Indonesia, aims to establish a regionally integrated waste management platform.