SINGAPORE, Jan 22, 2026, 15:40 (SGT) — Regular session
- Sembcorp Industries shares ticked up roughly 0.2%, reaching S$6.00 in afternoon trading
- Investors are zeroing in on shareholder questions, which must be submitted by 5 p.m., ahead of the Jan 30 EGM vote on the proposed acquisition
- Upcoming key dates are the proxy submissions and the FY2025 results announcement on Feb 25
Sembcorp Industries Ltd shares ticked higher on Thursday, gaining one cent to hit S$6.00 by 3:28 p.m. in Singapore. During the session, the stock fluctuated between S$5.98 and S$6.04. Its market capitalization was roughly S$10.73 billion.
The announcement arrives as investors prepare for an upcoming shareholder vote. In a notice for an extraordinary general meeting (EGM), Sembcorp stated that shareholders have until 5 p.m. Thursday to submit questions before the Jan 30 meeting in Singapore.
The stock slipped 1.48% Wednesday after dropping 1.30% Tuesday, putting it roughly 2.8% lower across the two days, per Investing.com data.
Shareholders face a vote on a deal valued at roughly A$6.5 billion in enterprise value — this figure factors in both debt and equity, with the final price set to be adjusted for net debt and other elements, according to a circular. The deal covers the target group, which includes Alinta Energy and Australia’s Loy Yang B power station. Proxy forms must be submitted by 10 a.m. on Jan 27, the circular noted.
Singapore’s broader equities showed volatility on Wednesday. The Straits Times Index fell 0.4%, pressured by geopolitical tensions and a dip in Japanese bonds. Swissquote’s Ipek Ozkardeskaya described the market mood as shaken by an “exotic blend” of risks, according to The Straits Times.
Energy stocks tracked crude prices, with Brent crude rising 0.14% to $65.33 a barrel early Thursday. Analyst Tony Sycamore at IG told Reuters that prices are likely to stay near the $60 mark.
Sembcorp informed shareholders it plans to post answers to major questions on its website and on SGX at least 48 hours ahead of the proxy deadline. Traders will be on alert for those updates—and any hints of resistance regarding financing or the makeup of the target’s portfolio.
The stock’s range has remained narrow during the session. Typically, this suggests that buyers and sellers are holding back, waiting for the next document release rather than pushing prices by small increments.
A smooth timeline isn’t assured. Should shareholder issues linger or if regulatory hurdles slow the process, Sembcorp shares may experience bigger fluctuations than the minor penny shifts seen lately.
After the EGM, the next key date is the earnings release. Sembcorp plans to publish its FY2025 results on Feb 25 ahead of the market open, followed by a live webcast at 11 a.m. GMT+8.
Related articles: SGX:U96
