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From SGX announcement category (25/Jul/2011):
SEMBCORP’S SOLID WASTE MANAGEMENT SUBSIDIARY AWARDED S$121 MILLION REFUSE COLLECTION AND RECYCLING CONTRACT IN SINGAPORE
Sembcorp Industries announces that its solid waste management subsidiary, SembWaste, has been awarded a S$121 million, seven year contract by the National Environment Agency (NEA) to provide refuse collection and recycling services to the Bedok sector in Singapore.
With the contract, Sembcorp now serves five out of nine geographical sectors in the country. Refuse collection and recycling operations for the new sector will commence on November 1, 2011. |
This counter is dropping like mad for 3 consecutive trading days. Time to load in some.
New chairman for Ngee Ann Poly council
Mr Tang (above), who is also SembCorp's group president, will take over from Mr Tan Hup Foi, 61, who has been at the helm since 2004. -- ST PHOTO: TERENCE TAN
SEMBCORP Industries chief executive Tang Kin Fei will become chairman of the Ngee Ann Polytechnic (NP) council from Friday.
Mr Tang, who is also SembCorp's group president, will take over from Mr Tan Hup Foi, 61, who has been at the helm since 2004.
Mr Tang, 60, a member of the NP council since last year, is also deputy chairman of International Enterprise Singapore, a member of the Asia-Pacific Economic Cooperation Business Advisory Council and president of the Singapore Water Association.
The NP council, the governing and executive body of the polytechnic, comprises 18 members, including representatives from the Government, educational institutions, industry and the Ngee Ann Kongsi.
Each term of office is three years.
NP principal Chia Mia Chiang, 58, said Mr Tan's 'wise counsel and constant encouragement have spurred us to work hard. Over the past 7½ years, we have successfully introduced many new platforms for our students to develop their talents and pursue their aspirations.'
SINGAPORE : The Singapore Business Federation (SBF) has launched an alliance to help local companies become more eco-friendly.
The group will also help them tap into Singapore's Clean Technology (Cleantech) network.
Also, a handbook titled " Riding the Megatrend of Sustainability" was launched in collaboration with the National University of Singapore (NUS).
Offering insights on the motivations and experiences of sustainable business, the handbook will spur businesses to follow in the footsteps of the green pioneers.
Meanwhile, the Singapore Sustainability Awards ceremony saw nine private and public sector organisations being honoured for their sustainable business practices.
The awards comprise the Sustainable Business Awards (SBA) and the Green IT Awards (GIT).
The SBA is divided into two categories - for large enterprises and small and medium enterprises (SMEs).
DHL, Sembcorp Industries and JTC Corporation emerge as winning companies in the Enterprise Sustainable Business category, while Greenpac, Rigel Technology, and Siloso Beach Resort won in the SME Sustainable Business segment.
The Green IT awards, which aim to provide recognition to holistic green IT solutions, was won by the The National Library Board, Tak System Integration and eBUS Media Networks.
Winners are judged on criteria like innovative initiatives, corporate social responsibility and sustainable growth by an independent panel of experts drawn from industry verticals and technology partners.
This is the second year the SBF has organised the awards.
Sembcorp Signs Agreements To Further Expand Its Water Business In China
By NewsDesk
The first MOU will be signed between Sembcorp and Tianjin Lingang Industrial Area (TLIA) Construction and Development Co to explore forming a joint venture to build, own and operate a 12,000 cubic metres per day water reclamation plant in the TLIA.
Sembcorp is pleased to announce that its wholly-owned subsidiary, Sembcorp Utilities, will be signing three memoranda of understanding (MOU) to explore further expanding its water business in China during the Singapore International Water Week’s (SIWW) China Business Forum to be held later this afternoon. Earlier in the week on July 3, Sembcorp also signed a MOU with the Xinmin government.
MOU for a new water reclamation plant in the Tianjin Lingang Industrial Area
The first MOU will be signed between Sembcorp and Tianjin Lingang Industrial Area (TLIA) Construction and Development Co to explore forming a joint venture to build, own and operate a 12,000 cubic metres per day water reclamation plant in the TLIA. The new facility is expected to reclaim effluent from Sembcorp’s existing industrial wastewater treatment plant in TLIA as well as reservoir into high grade industrial water and demineralised water for supply to industrial customers in TLIA. Managing the entire water cycle in an integrated manner, from the treatment of wastewater, to water reclamation and water supply, this integrated closed loop approach of providing total water solutions minimises liquid discharge and conserves precious water resources.
The MOU will be signed by Alan Yau, Chief Executive Officer of Sembcorp China and Yin Jigang, General Manager of TLIA Construction and Development Co.
MOU for the acquisition of a municipal wastewater treatment plant and water reclamation plant in Qitaihe, Heilongjiang Province
Sembcorp is also looking to apply its total water management solutions in Qitaihe, in Heilongjiang province. It will be signing a MOU agreement with Harbin Wan Xing Long Co to explore acquiring a 50,000 cubic metres per day municipal wastewater treatment plant and a 40,000 cubic metres per day water reclamation plant. The water reclamation plant will be supplying water to a power plant owned by China Datang Corporation Renewable Power Co, one of the largest power producers in China. With these new facilities, Sembcorp, which currently has a 100,000 cubic metres per day municipal water treatment plant in Qitaihe, will be able to expand its product offerings to the city to encompass wastewater treatment and water reclamation.
The MOU will be signed by Alan Yau, Chief Executive Officer of Sembcorp China and Wang Da Li, Chairman of Harbin Wan Xing Long Co.
MOU for the acquisition of a municipal wastewater treatment plant in the Yanjiao National High Tech Industrial Development Area, Hebei Province
Sembcorp will sign the third MOU with Yanjiao National High Tech Industrial Development Area Administration Committee to explore acquiring a 50,000 cubic metres per day municipal wastewater treatment plant and its associated network in the Yanjiao National High Tech Industrial Development Area in Hebei Province, where Sembcorp currently owns and operates a 70,000 cubic metres per day municipal water facility.
Alan Yau, Chief Executive Officer of Sembcorp China will sign the agreement with Lu Jinli, Deputy Director of Yanjiao National High Tech Industrial Development Area Administration Committee.
MOU for a new water treatment plant in Xinmin, Liaoning Province
Earlier in the week on July 3, Sembcorp also signed a MOU with the Xinmin government to explore building a 120,000 cubic metres per day water treatment plant for municipal and industrial use in the new industrial zone of Xinmin City, Liaoning Province. The new plant will complement Sembcorp’s existing municipal water facility in Xinmin City.
The MOU was signed by Alan Yau, Chief Executive Officer of Sembcorp China and Wang Hong Wei, Deputy Mayor of Xinmin Government.
Commenting on Sembcorp’s business expansion in China, Alan Yau, Chief Executive Officer of Sembcorp China, said, “China is experiencing strong growth in water demand due to increasing industrialisation and urbanisation. With our track record, Sembcorp is well positioned to provide sustainable water solutions to China. We are excited about these opportunities for growth and are keen to enhance Sembcorp’s existing presence in China. The enthusiasm of the government and partners to explore further cooperation with us is a testament of their confidence in Sembcorp’s ability to deliver total water solutions in these water stressed regions of China. We are confident that Sembcorp will continue to grow from strength to strength in China, and that we would also be able to bring our expertise to other fast developing countries globally.”
In China, Sembcorp currently has water and wastewater treatment operations in 12 cities across nine provinces. Its range of total water solutions includes wastewater treatment, water reclamation, desalination and water supply for both industrial and municipal clients. To further cement Sembcorp’s commitment to growing its presence in China, Sembcorp Utilities has also recently established a wholly-owned holding company in Shanghai, Sembcorp (China) Holding Co, to be its regional headquarters.
SINGAPORE: Sembcorp has announced its integrated industrial wastewater treatment plant on Jurong Island will begin operations in the second half of 2012.
The plant is expected to treat up to 9,600 cubic metres of water per day which will double its current industrial wastewater treatment capacity on the island.
The S$40 million facility is designed to serve industrial customers in the Banyan, Tembusu and Angsana districts of Jurong Island.
The Sembcorp integrated wastewater treatment plant will complement the new multi-utilities facility that will be developed at the petrochemical hub.
Similar to Sembcorp's existing multi-utilities centre on the island's Sakra district, the new facilities will provide the integrated supply of steam, water and industrial water and wastewater treatment services.
In addition, Sembcorp will also be developing a new combined-cycle gas turbine cogeneration plant.
This is expected to generate 400 megawatts of power and 200 tonnes per hour of process steam in its initial phase.
-CNA/wk
June 23, 2011 11:50 PM Eastern Daylight Time
Research and Markets: Singapore Infrastructure Report, Q3 2011 - As the Construction of the North-South Expressway (NSE) is Approved the Bid for Contracts is Due to Begin
DUBLIN--(
BUSINESS WIRE)--
Research and Markets (
http://www.researchandmarkets.com/research/e1a10b/singapore_infrastr) has announced the addition of the "
Singapore Infrastructure Report Q3 2011" report to their offering.
The Singapore Infrastructure Report provides industry professionals and strategists, corporate analysts, infrastructure associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Singapore's infrastructure industry.
Singapore's construction industry looks set to revert back to more moderate growth levels, with many major infrastructure projects now completed. Advanced estimates released by Singapore's government show that real growth for the construction industry in Q111 was 2.6% year-on-year (y-o-y), highlighting BMI's view that construction growth will return to a sustainable level as the fiscal infrastructure-geared stimulus plan, launched in 2009, winds down.
However, the government's plans to continue spending on infrastructure, albeit at a lesser rate and over a longer period, to boost Singapore's productivity, will ensure decent growth figures over the medium term. As such, this report is forecasting the construction sector to average growth of 7.2% per annum between 2011 and 2015, bringing the total sector value to SGD20.0bn (US$16.7bn).
Key drivers affecting growth include:
- In January 2011, Singapore's government approved the construction of the North-South Expressway (NSE), a new 15.9km expressway that would run parallel to the Central Expressway (CTE). BMI believes that the project is key to alleviating traffic pressures on existing expressways, while the project's complexity will require companies familiar with the country's crowded landscape to offer their services and bid for contracts.
- In February 2011, French engineering company Alstom secured a contract for the construction and maintenance of an 800MW gas-fired combined cycle power plant in Singapore. The EUR500mn (US$682mn) contract was awarded by Singapore-based utilities and marine conglomerate Sembcorp Industries. Construction work on the 400MW first phase, costing approximately EUR300mn (US$409.2mn), was scheduled to start in H211, and should come on-stream after H213. The first phase involves an 18-year maintenance contract.
- In April 2011, the Land Transport Authority (LTA) awarded two contracts worth SGD361.56mn (US$201.8mn) for the 21km Downtown Line Stage 3 (DTL3) project. Construction work for both projects was expected to start in Q211 and is scheduled to be completed by 2017. The DTL3 project is aimed at improving rail connectivity between the eastern corridors, the Central Business District (CBD) and developments in the Marina Bay area.
Singapore's business environment score retains the top spot in BMI's ratings for the Asia Pacific region, achieving a score of 67.9. Although the country's score for Industry Rewards is 45.0, highlighting the limited opportunities for greenfield projects, Singapore offers the greatest potential to realise rewards due to the country's commitment to a low-tax regime tightly regulated business environment, a labour force with a high level of expertise, and strong growth in infrastructure due to government-led investment.
Key Topics Covered:
- SWOT Analysis
- Singapore Infrastructure SWOT
- Global Overview
- Asia Overview
- Industry Forecast Scenario
- Construction And Infrastructure Forecast Scenario
- Transport Infrastructure
- Transport Infrastructure Forecast Scenario
- Energy And Utilities Infrastructure Forecast Scenario
- Residential/Non-Residential Construction Forecast Scenario
- Residential/Non-Residential Construction And Social Infrastructure Overview
- Major Projects Table - Residential/Non-Residential Construction And Social Infrastructure
- Singapore Business Environment
- Asia Pacific Infrastructure Business Environment Ratings
- Company Monitor
- Industry Forecasts
- Construction Industry
Companies Mentioned:
- Dragages Singapore
- Hock Lian Seng Infrastructure Limited (HLS)
- Sembcorp Industries
- Hyflux
For more information visit
http://www.researchandmarkets.com/research/e1a10b/singapore_infrastr
5.02 is our pivot point.
Our preference: the downside prevails as long as 5.02 is resistance.
Alternative scenario: above 5.02, look for 5.18 and 5.27.
Comment: the RSI is below 50. The MACD is negative and below its signal line.The configuration is negative.
Moreover, the stock is trading under both its20 and 50 day MA (standing respectively at 4.96 and 5.15).
Supports and resistances: 5.18 *5.02 **4.96 4.9 last 4.71 4.62 **4.53 *
I'm waiting @$3.90
New123 ( Date: 16-Jun-2011 16:54) Posted:
Good time to consider. Company keep on buying back shares..
Hulumas ( Date: 12-Jun-2011 11:31) Posted:
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Good time to consider. Company keep on buying back shares..
Hulumas ( Date: 12-Jun-2011 11:31) Posted:
No, I do not think so!
New123 ( Date: 11-Jun-2011 14:23) Posted:
Any further prices weakening below $4.90 could be a good opportunity to accumulate.. |
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No, I do not think so!
New123 ( Date: 11-Jun-2011 14:23) Posted:
Any further prices weakening below $4.90 could be a good opportunity to accumulate.. |
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Any further prices weakening below $4.90 could be a good opportunity to accumulate..
Sembcorp Industries: its unit Sembcorp Utilities has established a wholly owned hold co in Shanghai, and will transfer its water invmts in China to the new co. Named Sembcorp (China) Holding Co., the unit has an initial capital of US$50m and will serve as the regional HQ of the utility company...
The streamlined organizational structure may facilitate the formation of a business trust in the future, and allow the co to recycle its capital more easily...
Sembcorp Utilities runs plants that have the capacity to generate 5,600MW of power and has > 6m cubic metres of water/day in operation and under devt. It provides water and waste water treatment facilities to 5 industrial parks in China including Shanghai Chemical Industrial Park and Nanjing Chemical Industrial Park.
Our pivot point stands at 5.31.
Our preference: the upside prevails as long as 5.31 is support.
Alternative scenario: below 5.31, expect 5.05 and 4.9.
Comment: the RSI is above 50. The MACD is above its signal line and positive.The configuration is positive. Moreover, the stock is above its 20 and 50 dayMA (standing respectively at 5.3 and 5.08).
Sembcorp Industries is currentlytrading near its 52 week high reached at 5.59 on 08/04/11.
Supports and resistances: 6.21 *6.06 **5.95.51 last5.415.31 **5.05 *
Read the attached Goldman Sach report calling SCI a sell in end Feb 11 and history revealed how wrong they can be as its share price had actually gone up 60Cents since then. There is a gp of analyst who always give out false buy and sell signal to mislead investor...most classical is the now suspended China Gaoxian when one reputable analyst called investor to buy btw 0.20 to 0.29 Cent. Many had since sinked with the suspension.
krisluke ( Date: 28-Feb-2011 18:44) Posted:
goldman report makes sense. sci is just about utilities. nothings else except sembmarine, which share the same word SEMB. If you stare at the chart, sci was in a very steady up trend without a decent pullback. though i speculate loss in maintenance work for infrastructure (eg, processing plant vs production output).
Defensive in a sense that its was involved in essential products like water and gases. Defensive counter often noted low PE, because of comsumer spending power, can either tap more or less depending of wallet watch 
one impt thingy to note, how come dividends so less this time? ??
krisluke ( Date: 28-Feb-2011 12:54) Posted:
| SembCorp off 1.8% final dividend may disappoint - Goldman Sachs |
| Written by Dow Jones & Co, Inc |
| Monday, 28 February 2011 10:20 |
SembCorp Industries (U96.SG) is down 1.8% at $4.81 after the conglomerate Friday says its 4Q net profit falls 12% on year to $228.7 million, above the S$165.7 million tipped in a Dow Jones poll of analysts revenue falls 14.5% to S$2.07 billion.
Goldman Sachs says 4Q10 net profit was 44% above its expectations “" the beat came mainly from its O& M division. The utilities unit (which investors care more about) reported net profits of $54 million,” which was 9% below its forecast but in line if excluding the boiler 5 writedown.
“We see the results as neutral for the share price, as the O& M beat was already known when Sembcorp Marine (S51.SG) reported...and that the utilities profits were in line with expectations.”
It adds the final dividend of $0.17 was also in line “but may disappoint investors who hoped SCI would partially pass through SMM's attractive special dividend to its own shareholders.”"
The house ups its 2011-12 earnings forecasts by 5%-7% it also raises its target to $4.70 from $4.40, but keeps its Sell call.
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Sembcorp VS HyFlux ...
FUnnY... LOI !!
Sembcorp Industries Ltd announced that Sembcorp Utilities signed a Letter of Intent with Jinan Quancheng Water to explore the formation of a joint venture to build, own and operate water treatment plants in the east of Jinan City , Shandong province of China . In addition, a Memorandum of Understanding was signed between Sembcorp Industrial Parks and the Rizhao Municipal People’s Government to explore the feasibility of a 638-hectare international marine city in China’s Shandong Province.(Closing price: $5.33)
//**Diversify your portfolio, invest in land and get a handsome return of 15-20%pa in 4 to 5 years.
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IIFL raises Sembcorp Industries to $7.01 keeps buy
IIFL has raised its target price on Singapore energy, water and marine group Sembcorp Industries (SCIL.SI) by 3.1% to $7.01 and maintained its buy rating.
IIFL said that the market has significantly under-priced Sembcorp Industries’ non-marine businesses by 45%, compared with its valuations of 10 times price-to-earnings for utilities and 1.5 times price-to-book for industrial parks.
The brokerage said it expects 27% and 15% earnings growth in utilities and industrial parks, respectively, which will fully compensate for a 14% decline in offshore and marine earnings in the firm’s 2011 financial year.
Sembcorp Utilities has solid power and water assets in Singapore and China, and is developing a 1.3 gigawatt coal generation plant in India, IIFL said.
The brokerage added that Sembcorp Industries’ industrial parks business is moving towards the " integrated township" model, which encompasses commercial and residential properties.
But it acts as the master developer in its Vietnam and China projects, thus having limited downside risks, IIFL noted.
At 10:43 a.m., Sembcorp Industries shares were up 3% at $5.51 on a volume of 3.6 million shares.
Its the number 2 shareholder of GALLANT VENTURE
