Sembcorp Industries Acquires Philippines Solar Farm
Sembcorp Industries, a leading energy player, has acquired a solar farm in the Philippines for $105 million. This acquisition solidifies the company’s commitment to renewable energy.
Acquisition Details
- Acquisition price: $105 million
- Location: Philippines
Company Performance
Sembcorp Industries’ recent stock performance indicates:
- 52-week high: SGD 5.74
- Current close price: SGD 5.63
- 52-week low: SGD 4.35
Valuation Metrics
- Price-to-earnings ratio: 10.09
- Price-to-book ratio: 1.9