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Sembcorp is said to conduct strategic review of business

Elffie Chew and Dong Cao of Bloomberg
Elffie Chew and Dong Cao of Bloomberg • 2 min read
Sembcorp is said to conduct strategic review of business
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Sembcorp Industries is carrying out a strategic review of its business, with various possibilities under consideration, including potentially going private or selling some assets, people with knowledge of the matter said.

The Singaporean firm, which is backed by state-owned Temasek Holdings, is working with a financial adviser on the review, according to the people, who asked not to be identified because the matter is private. 

Considerations are at an early stage and Sembcorp may decide not to pursue any deal, the people said. 

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