Singapore's Sembcorp Industries to sell unit for $307 mln

Reuters

2024/11/08

Nov 8 (Reuters) - Singapore-based Sembcorp Industries SCIL.SI said on Friday it will sell its unit Sembcorp Environment to a unit of Indonesian energy company TBS Energi Utama TOBA.JK for S$405 million ($306.6 million).

($1 = 1.3209 Singapore dollars)

(Reporting by Shivangi Lahiri in Bengaluru; Editing by Varun H K)

((Shivangi.Lahiri@thomsonreuters.com;))

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