Maybank Securities Adjusts Sembcorp Industries' Price Target to SG$6.10 From SG$6, Keeps at Buy
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$Sembcorp Ind (U96.SG)$ My favorite company 🥰👏👏👏👏 has lived up to expectations, fantastic 🥰👍👍👍. Sembcorp Ind has signed a contract to build, own, and operate a 500 megawatt (MW) solar power plant in Oman through its wholly-owned subsidiary Sembcorp Utilities in partnership with Jinko Power Technology, holding 80% of the shares. Andy Kos, CEO of Sembcorp Ind's UK and Middle East business, said that the Manah Solar II independent power project will mark Sembcorp's first renewable energy project in the Middle East. The project is supported by a 20-year power purchase agreement awarded by the Oman Power and Water Procurement Company. It is expected to be operational by 2025. Keep it up! 🥰💪💕
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