Sembcorp Industries Set to Benefit From Acquisition Completion -- Market Talk

Dow Jones

Apr 17

0500 GMT - Sembcorp Industries stands to benefit from completion of its Alinta Energy acquisition, which is expected to be completed by end-1H, UOB Kay Hian's Adrian Loh says in a research report. Given the expected inclusion of Alinta Energy's 3.4 gigawatts of installed and contracted generating assets on the east and west coasts of Australia, the brokerage raises its 2026-2028 earnings forecasts for Sembcorp Industries by 16%-25%. Also, there'll be no equity fundraising, as the acquisition is entirely debt-funded, so existing shareholders face zero dilution while receiving full earnings uplift from first day of completion. The brokerage raises the stock's target price to S$8.06 from S$7.10 with an unchanged buy rating. Shares are 0.85% lower at S$7.02. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 17, 2026 01:00 ET (05:00 GMT)

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Given the expected inclusion of Alinta Energy's 3.4 gigawatts of installed and contracted generating assets on the east and west coasts of Australia, the brokerage raises its 2026-2028 earnings forecasts for Sembcorp Industries by 16%-25%. Also, there'll be no equity fundraising, as the acquisition is entirely debt-funded, so existing shareholders face zero dilution while receiving full earnings uplift from first day of completion. The brokerage raises the stock's target price to S$8.06 from S$7.10 with an unchanged buy rating. Shares are 0.85% lower at S$7.02. 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Given the expected inclusion of Alinta Energy's 3.4 gigawatts of installed and contracted generating assets on the east and west coasts of Australia, the brokerage raises its 2026-2028 earnings forecasts for Sembcorp Industries by 16%-25%. Also, there'll be no equity fundraising, as the acquisition is entirely debt-funded, so existing shareholders face zero dilution while receiving full earnings uplift from first day of completion. The brokerage raises the stock's target price to S$8.06 from S$7.10 with an unchanged buy rating. Shares are 0.85% lower at S$7.02. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 17, 2026 01:00 ET (05:00 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ24219693.SGD","symbol_name":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2628222490","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2628222490","pubTimestamp":1776402000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0500 GMT - Sembcorp Industries stands to benefit from completion of its Alinta Energy acquisition, which is expected to be completed by end-1H, UOB Kay Hian's Adrian Loh says in a research report. Given the expected inclusion of Alinta Energy's 3.4 gigawatts of installed and contracted generating assets on the east and west coasts of Australia, the brokerage raises its 2026-2028 earnings forecasts for Sembcorp Industries by 16%-25%. Also, there'll be no equity fundraising, as the acquisition is entirely debt-funded, so existing shareholders face zero dilution while receiving full earnings uplift from first day of completion. The brokerage raises the stock's target price to S$8.06 from S$7.10 with an unchanged buy rating. Shares are 0.85% lower at S$7.02. 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Given the expected inclusion of Alinta Energy's 3.4 gigawatts of installed and contracted generating assets on the east and west coasts of Australia, the brokerage raises its 2026-2028 earnings forecasts for Sembcorp Industries by 16%-25%. Also, there'll be no equity fundraising, as the acquisition is entirely debt-funded, so existing shareholders face zero dilution while receiving full earnings uplift from first day of completion. The brokerage raises the stock's target price to S$8.06 from S$7.10 with an unchanged buy rating. Shares are 0.85% lower at S$7.02. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 17, 2026 01:00 ET (05:00 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}