|Bid||2.8600 x N/A|
|Ask||2.8700 x N/A|
|Day's range||2.8500 - 2.8700|
|52-week range||1.7800 - 3.0400|
|Beta (5Y monthly)||0.92|
|PE ratio (TTM)||19.13|
|Earnings date||01 Aug 2022 - 05 Aug 2022|
|Forward dividend & yield||0.09 (3.16%)|
|Ex-dividend date||26 Apr 2022|
|1y target est||3.23|
French construction materials giant Saint-Gobain has signed a long-term renewable power supply deal with Singapore-listed Sembcorp for its manufacturing facilities in southern Tamil Nadu state, the companies said on Tuesday. "Sembcorp will supply 33 MW of locally sourced renewable power to Saint-Gobain's manufacturing facilities in Sriperumbudur, Perundurai and Tiruvallur, over the next 25 years," the companies said in a joint statement. Under the deal, Sembcorp will supply wind and solar energy to Saint-Gobain through a special purpose vehicle, in which Sembcorp's Indian green energy unit will hold a 74% stake, with the remainder being held by Saint-Gobain, the companies said.
Singapore's Sembcorp Marine (Sembmarine) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp's larger offshore and marine unit, a year after the Temasek-backed firms began deal talks amid an industry downturn. The lossmaking oil rig builders have been whiplashed by years of oversupply, oil price volatility and a drop in new orders. The combination "brings together two leading O&M companies in Singapore to create a stronger player that can realise synergies and compete more effectively amidst the energy transition," Keppel CEO Loh Chin Hua said.
* Thai baht set for its worst week in a month * Singapore stocks up 0.5%, headed for worst week in 9 months * Philippines closed for holiday By Savyata Mishra Feb 25 (Reuters) - Emerging market currencies and stocks in Asia rose on Friday, tracking a broader recovery after Russia's invasion of Ukraine sent global assets tumbling in the previous session, although sentiment was still cautious. The Thai baht and the Indian rupee made a swift recovery against the dollar, with both jumping 0.4% each, even as oil prices surged nearly 3%. "I think the baht has now become a barometer of emerging market currencies and its rebound suggests that investors are probably buying the dips," said Margaret Yang, a Singapore-based strategist with DailyFX.