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An announcement from Sembcorp Industries ( (SG:U96) ) is now available.
Sembcorp Industries has announced that its subsidiary, Sembcorp Cogen Pte Ltd, has reached a settlement agreement with Universal Terminal (S) Pte. Ltd. and UT Singapore Services Pte. Ltd. regarding a legal suit over gasoil claims. The settlement, whose terms remain confidential, concludes the legal proceedings without any admission of liability and is not expected to materially impact Sembcorp’s financial performance for the year ending December 31, 2025.
The most recent analyst rating on (SG:U96) stock is a Buy with a S$7.49 price target. To see the full list of analyst forecasts on Sembcorp Industries stock, see the SG:U96 Stock Forecast page.
More about Sembcorp Industries
Sembcorp Industries is a leading energy and urban development company, primarily involved in providing sustainable solutions across the energy and utilities sectors. The company focuses on renewable energy, conventional energy, and integrated urban solutions, serving a global market.
Average Trading Volume: 4,221,077
Technical Sentiment Signal: Buy
Current Market Cap: S$11.67B
Find detailed analytics on U96 stock on TipRanks’ Stock Analysis page.