Sembcorp Industries (SG:U96) has released an update.
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Sembcorp Industries has received a favorable judgment from the Supreme Court of Appeal of South Africa affirming the validity of its share purchase agreement with South African Water Works Pty Ltd. This decision, related to the sale of its municipal water assets in South Africa, is not expected to materially impact Sembcorp’s earnings or asset value for 2024.
For further insights into SG:U96 stock, check out TipRanks’ Stock Analysis page.