Utilities
SIIC Environment hinges growth on recent acquisitions
Longjiang Group profits could rise 20% annually through 2018.
SIIC Environment hinges growth on recent acquisitions
Longjiang Group profits could rise 20% annually through 2018.
SIIC Environment's net profit up 0.8% to $22.6m
Thanks to higher water treatment and supply sales volume.
Sembcorp Industries could earn $29m annually from TPCIL
The Indian coal-based power plant delivered $6.5m profits in 3Q.
Hyflux 3Q profits jumped threefold to $21m
Revenue reached peak at $296m.
Sembcorp Industries' Indian utility poses threat to earnings
It needs to secure long-term power purchase agreements.
800 Super Holdings bags $133.65m PUB contract
The contract is for 15.5 years.
Alibaba gets SingPost investment approval
The $187.1m investment ups Alibaba’s stake in SingPost to 14.4%.
Singapore seeks smart metering proposals for electricity, water
Consumers to get app to check power usage.
China Environment slapped with letter of demand for $11.5m repayment
Bank of China charges them for overdue interest, for one.
SIIC Environment's recent acquisition will boost profit by 9%
Net gearing will also rise to over 50%, analyst said.
Seow Soon Kee steps down as Ley Choon Group Holdings' group admin manager
His resignation became effective on September 22, 2016.
Sembcorp Industries' new utility projects to buoy earnings despite weak marine business
Additional 3,800MW of power generation capacity expected until 2018.
Moya Holdings Asia appoints Goh Wee Meng as financial controller
Mr. Goh will assist newly appointed chief financial officer.
Moya Holdings Asia names Darmasen Anwar as chief financial officer
Mr. Anwar will be assisted by Mr. Goh.
Thailand water woes persist despite improvement in aggregate water level
The largest dam remains at a critically low level.
Singapore power sector's weakness now hurt Sembcorp Industries less
Impact to utilities business now only accounts for 16% of profits.
Singapore gencos' profits remain under threat as power oversupply looms
Electricity prices stabilising at $50/MWHh brought little hope.