$SEMBCORP INDUSTRIES LTD(U96.S

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$SEMBCORP INDUSTRIES LTD(U96.SI)$ Sembcorp Industries is set for a dynamic Q4 2024, bolstered by its recent strategic move. Sembcorp Utilities has signed an agreement to acquire a 30% stake in Senoko Energy from Engie Global Developments. This acquisition (expected to be completed in Q4 2024) will be funded through Sembcorp’s internal cash resources or external borrowings. With the upcoming Fed rate cuts, the borrowing will be more profitable. The higher the rate cut, the better the potential earnings.

Moreover, Engie is also collaborating with ComfortDelGro on EV charging stations and Singapore is expanding on her EV number. This should give both local stocks some potential improvement in earnings.

$SEMBCORP INDUSTRIES LTD(U96.SI)$ $ComfortDelGro(C52.SI)$

https://www.businesstimes.com.sg/companies-markets/sembcorp-unit-acquire-30-interest-senoko-energy

# 💰 Stocks to watch today?(19 Sep)

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The higher the rate cut, the better the potential earnings.\nMoreover, Engie is also collaborating with ComfortDelGro on EV charging stations and Singapore is expanding on her EV number. This should give both local stocks some potential improvement in earnings.\n<a href=\"https://ttm.financial/S/U96.SI\">$SEMBCORP INDUSTRIES LTD(U96.SI)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/C52.SI\">$ComfortDelGro(C52.SI)$&nbsp;</a>\n <v-v data-views=\"1\"></v-v>&nbsp; \nhttps://www.businesstimes.com.sg/companies-markets/sembcorp-unit-acquire-30-interest-senoko-energy</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/U96.SI\">$SEMBCORP INDUSTRIES LTD(U96.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v> Sembcorp Industries is set for a dynamic Q4 2024, bolstered by its recent strategic move. Sembcorp Utilities has signed an agreement to acquire a 30% stake in Senoko Energy from Engie Global Developments. This acquisition (expected to be completed in Q4 2024) will be funded through Sembcorp’s internal cash resources or external borrowings. With the upcoming Fed rate cuts, the borrowing will be more profitable. The higher the rate cut, the better the potential earnings.\nMoreover, Engie is also collaborating with ComfortDelGro on EV charging stations and Singapore is expanding on her EV number. This should give both local stocks some potential improvement in earnings.\n<a href=\"https://ttm.financial/S/U96.SI\">$SEMBCORP INDUSTRIES LTD(U96.SI)$&nbsp;</a>&nbsp;<a href=\"https://ttm.financial/S/C52.SI\">$ComfortDelGro(C52.SI)$&nbsp;</a>\n <v-v data-views=\"1\"></v-v>&nbsp; \nhttps://www.businesstimes.com.sg/companies-markets/sembcorp-unit-acquire-30-interest-senoko-energy</body></html>","text":"$SEMBCORP INDUSTRIES LTD(U96.SI)$ Sembcorp Industries is set for a dynamic Q4 2024, bolstered by its recent strategic move. Sembcorp Utilities has signed an agreement to acquire a 30% stake in Senoko Energy from Engie Global Developments. This acquisition (expected to be completed in Q4 2024) will be funded through Sembcorp’s internal cash resources or external borrowings. With the upcoming Fed rate cuts, the borrowing will be more profitable. The higher the rate cut, the better the potential earnings. Moreover, Engie is also collaborating with ComfortDelGro on EV charging stations and Singapore is expanding on her EV number. This should give both local stocks some potential improvement in earnings. $SEMBCORP INDUSTRIES LTD(U96.SI)$ $ComfortDelGro(C52.SI)$ https://www.businesstimes.com.sg/companies-markets/sembcorp-unit-acquire-30-interest-senoko-energy","highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/350775604441152","repostId":0,"isVote":1,"tweetType":1,"viewCount":697,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["C52.SI","U96.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":true,"length":753,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}