Issue 180: Sembcorp shareholders vote on Alinta deal; new directorship institute launches - The Business Times
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Shareholders of renewable energy group Sembcorp Industries meet on Friday (Jan 30) to decide on a planned A$6.5 billion (S$5.6 billion) takeover of Australian utility Alinta Energy.
Shareholders of renewable energy group Sembcorp Industries meet on Friday (Jan 30) to decide on a planned A$6.5 billion (S$5.6 billion) takeover of Australian utility Alinta Energy.
Beyond financials, Sembcorpβs management and board will also have to address concerns about the dealβs impact on the companyβs hard-won green credentials. While Alinta has a large renewable-energy pipeline, its existing business includes a substantial coal-fired power segment that will set Sembcorp back on its climate targets.
DBS βcategorically rejectsβ S$1.3 billion claim by 1MDB-linked entities under liquidation
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https://www.businesstimes.com.sg/newsletters/esg-insights/issue-180-sembcorp-shareholders-vote-alinta-deal-new-directorship-institute-launches
