Utilities
SIIC Environment reports a 22.6% YoY decline in net profit attributable to shareholders
SIIC Environment reports a 22.6% YoY decline in net profit attributable to shareholders
The company's earnings per share also declined by 22.6% YoY.
Tang Congliang steps down as SIIC Environment CFO
He will be leaving the company to pursue “personal development.”
Frasers Property rolls out waste valorisation system in 5 of its malls
There is potential to upscale its implementation by 2025.
Everbright Water issues $280m 5-year notes
The notes have an interest rate of 2.80%.
Singapore to experience climate extremes by end century
Rising temperatures, wet and dry extremes, and rising sea levels to be experienced in Singapore.
SIIC Environment's net profit rises 9.6% YoY to $172m in 9M23
Net profit attributable to shareholders also rose during the period.
SIIC Environment inks upgrading and expansion for 50,000-tonne project
Two of the projects will extend their concession period.
Shanghai Industrial Holdings’ boss is SIIC Environment Holdings new CEO
Zhu Dazhi was appointed on 28 September 2023.
Keppel to retrofit water systems of Thailand’s Centara Watergate, Watergate Pavilion
It is expected to translate to 23% cost savings over the next 20 years.
Singapore raises Water Efficiency Fund cap to $5m
This is up from only $1m.
Sembcorp looking to sell waste management business SembWaste
Preliminary discussions with selected parties have commenced.
Sembcorp to build $900m multi-utilities centre in Jurong Island
It will have a 600MW hydrogen-ready power plant, developed by Mitsubishi Power and Jurong Engineering.
Hyflux former chief Olivia Lum faces three more charges
Hyflux’s unaudited financial statements in 2017-2018 failed to disclose millions in bank deposits.
Keppel infra consortium named preferred bidder for Korean waste management firm
The consortium still has to enter negotiations to finalise the acquisition.
Singapore’s 5th desalination plant opens on Jurong Island to boost water security
The plant can produce up to 30 million gallons of potable water.
Sarawak Energy Wins COVID Management Initiative of the Year
Malaysia’s largest renewable energy developer puts people firmly first in dealing with the challenges presented by the pandemic, committing to care...
Beijing Capital considering sale of Singapore waste recycling unit
Sources say the state-owned Chinese firm is in talks with advisers about the potential divestment.
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