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

Sembcorp Industries

08/11/2024 11:54

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;))