Thursday 25 April 2024
 
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Sembcorp Industries

Sembcorp plans IPO of utility JV in Oman

Singapore's Sembcorp Industries Ltd said it is planning an initial public offering (IPO) of a joint venture company that owns and operates a $1 billion water and power project in Oman by the fourth quarter of this year. "

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Bahrain firm in Singapore bid

Bahrain's Arcapita, Malaysia's YTL Corporation and a consortium led by Hong Kong's CLP have made the second round in the bidding for Singapore electricity generating firm PowerSeraya, it was reported on Friday. Singapore firms

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