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Sembcorp and Aster Forge S$650 Million Energy Partnership in Southeast Asia

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Sembcorp Industries ( (SG:U96) ) just unveiled an update.

Sembcorp Industries and Aster Chemicals and Energy have signed deals worth over S$650 million to advance energy and utilities projects in Southeast Asia. The partnership includes a comprehensive suite of solutions for Aster’s facilities and a Memorandum of Understanding to explore strategic initiatives in the region, aligning with their vision for sustainable growth and energy demands.

More about Sembcorp Industries

Sembcorp Industries operates in the energy and utilities sector, providing gas, power, and utilities solutions. The company focuses on sustainable growth and addressing energy demands in Southeast Asia.

Average Trading Volume: 4,443,018

Technical Sentiment Signal: Buy

Current Market Cap: S$11.71B

For an in-depth examination of U96 stock, go to TipRanks’ Stock Analysis page.

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