On March 17, Bloomberg reported that Sembcorp may look at potentially going private or sell some assets amid conducting a strategic review of its business.
Shares in Sembcorp opened at $6.355 on March 18, 25.5 cents higher or 4.19% up, after the group issued a response to a Bloomberg article published the day before.
In its statement, Sembcorp says it “continually reviews its portfolio to optimise shareholder value” and that it may “engage with external advisors to consider available options” from time to time.
