Singapore companies in focus on Friday, 8 April 2022:
- Wilmar gets US$100M sustainability-linked loan from BEA
- SATS to invest S$150M in food production automation
- Sembcorp Industries shares jump, spurring SGX query
- Charisma Energy tips ‘severe slowdown’ in collections amid Sri Lanka turmoil
Wilmar International has entered a deal with the Bank of East Asia (BEA) for a three-year US$100 million sustainability-linked loan (SLL), the agri-business and the Hong Kong-based bank said in a filing to SGX Thursday.
Sembcorp Industries shares jumped Thursday, spurring a query from SGX on the unusual rise and increased volume.
SATS has entered a lease agreement with JTC to build a food hub in Singapore’s Jurong Innovation District, in a project expected to include S$150 million in automation investments, the company said in a filing to SGX.
Charisma Energy Services
Charisma Energy Services cited Thursday expectations its collections would show a “severe slowdown” for its 13 mini-hydroelectric power plants (MHPPs) in Sri Lanka.