Singapore, Jan 17, 2026, 15:21 (SGT) — Market closed.
- Sembcorp Industries (SGX:U96) wrapped up Friday’s session with a 2.34% gain, closing at S$6.12.
- Attention now turns to the Jan 30 shareholder meeting and the FY2025 results scheduled for release on Feb 25.
- Questions over financing and emissions tied to the Alinta deal are expected to dominate the lead-up.
Sembcorp Industries Ltd shares closed Friday 2.34% higher at S$6.12, having swung between S$5.97 and S$6.12 during the session. Trading volume hit roughly 6.1 million shares. (StockAnalysis)
The stock heads into the new week with two key dates: an extraordinary general meeting (EGM) set for Jan 30 and the FY2025 earnings release scheduled for Feb 25. The EGM is a special shareholder meeting held apart from the annual one, usually to decide on a particular transaction. (Sembcorp)
The vote is crucial as Sembcorp pushes ahead with its planned acquisition of Australia’s Alinta Energy, announced back in December. The deal values Alinta at an enterprise value of A$6.5 billion ($4.32 billion), factoring in debt. Alinta reportedly serves around 1.1 million customers and operates 3.4 gigawatts of capacity. (Reuters)
Friday’s gains coincided with a stronger overall market in Singapore. On Jan 16, the Straits Times Index climbed 0.3%. Interactive Brokers senior economist Jose Torres attributed Wall Street’s lifted sentiment to a robust earnings report from Taiwan Semiconductor and weaker-than-expected U.S. jobless claims. (The Straits Times)
Sembcorp announced in a bourse notice that its EGM is scheduled for Jan 30 at 10:00 a.m. Singapore time. Shareholders will be asked to approve the “proposed acquisition” by its subsidiaries. The notice also specified Jan 22 as the cut-off for submitting questions before the meeting.
A separate filing scheduled the FY2025 financial results for Wednesday, Feb 25, before the market opens. Investors will focus on management’s take regarding funding requirements and the speed of new renewables investments heading into 2026.
The Alinta deal cuts both ways. Citi Research analyst Luis Hilado described it as “half-full” and “half-empty,” according to The Business Times. Sembcorp is shelling out an estimated A$5.6 billion (S$4.8 billion) in cash, tapping bridge and working capital facilities—short-term loans often used to seal deals. Adding Alinta’s coal assets will push emissions intensity up to about 0.26 tonnes of CO2 equivalent per megawatt hour by 2035, steering the company away from its 2028 goal of 0.15. (The Business Times)
Sembcorp’s shares have moved between S$5.21 and S$7.93 over the past 52 weeks, per Yahoo Finance data. (Yahoo Finance)
Trading picks up Monday, with investors eager for fresh updates ahead of the Jan 30 vote, especially how the company responds to shareholder questions by Jan 22. After that, the key date to mark is Feb 25, when FY2025 results drop.
