Sembcorp terminates plans to sell SembWaste

No reason was stated in the bourse filing.

Sembcorp has abandoned its plans to sell its waste management business SembWaste and its energy-from-waste plant.

No reason was stated in the bourse filing announcing the termination of divestment plans.

“Sembcorp will continue to review its portfolio to ensure strategic fit and maximise shareholder value,” the company stated.

ALSO READ: Sembcorp, Indonesia ink new gas deal

On 5 June, Sembcorp announced that it is exploring the potential divestment of SembWaste, its waste management business, and the energy from the waste plant.

At the time, the Singapore-based energy company revealed that preliminary discussions with selected parties have commenced. The company appointed HSBC as its financial advisor for the possible sale.

Follow the link s for more news on

Sembcorp Industries

Sembcorp Power

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia