SGX:U96.SI 10 January 2026 - 8 February 2026

Sembcorp Industries shares fell 1.6% to S$6.03 Friday after shareholders approved the A$6.5 billion acquisition of Australia’s Alinta Energy, with 99.76% voting in favor. The cash deal will be funded by a fully committed bridge loan, with no equity raise planned. Singapore’s Straits Times Index closed down 0.5%. Sembcorp expects to close the Alinta deal in the first half of 2026, pending regulatory approval.

Sembcorp Industries shares rose 0.3% to S$5.99 in Friday afternoon trading as investors prepared for a Jan. 30 shareholder vote on the Alinta Energy acquisition. The proxy deadline is Jan. 27. Sembcorp plans to fund the deal with a fully committed A$6.5 billion bridge facility and aims to close in the first half of 2026, pending approvals. FY2025 results are due Feb. 25.