Sembcorp Industries to raise S$500 million from asset sales, plans India energy IPO

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Sembcorp Industries to raise S$500 million from asset sales, plans India energy IPO

(Updated: )

Sembcorp Industries said on Friday (Feb 23) it expects to raise about S$500 million from the sale of some utilities assets and plans to list its Indian energy business, as it reported a plunge in quarterly profit.

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