Sembcorp Industries convened and held its Extraordinary General Meeting on Friday, January 30, 2026.
We would like to thank our shareholders for your patience and co-operation in enabling us to successfully convene the EGM.
The following ordinary resolution was proposed and duly passed by shareholders.
Ordinary Resolution: Proposed Acquisition
Resolved that:
(a) the proposed acquisition by (i) Sembcorp Australia Pty Ltd, being an indirect wholly-owned subsidiary of Sembcorp, of all of the issued share capital in PSH owned by the Sellers and (ii) Sembcorp Energy Australia Pte. Ltd., being an indirect wholly-owned subsidiary of Sembcorp, of the issued share capital in LVP owned by Pioneer Sail Singapore Pte Ltd, on and subject to the terms and conditions set out in the SSA (“Proposed Acquisition”), be and is hereby approved; and
(b) the Directors and each of them be and are hereby severally authorised to complete and do all such acts and things (including, without limitation, executing such documents as may be required pursuant to or in connection with the SSA and to make such amendments to the SSA and/or such other documents as the Directors may consider necessary, desirable and expedient) as they or he or she may consider necessary, desirable or expedient or in the interests of Sembcorp to give effect to the Proposed Acquisition.
| In Attendance | |
| Tow Heng Tan | Chairman of the Meeting |
| Lim Ming Yan | Lead Independent Director |
| Manu Bhaskaran | Independent Director |
| Eugene Cheng | Group CFO |
| Marina Chin Li Yuen | Independent Director |
| Kunnasagaran Chinniah | Independent Director |
| Dr Josephine Kwa Lay Keng | Independent Director |
| Ong Chao Choon | Independent Director |
| Alex Tan | President & CEO, Renewables, East |
| Wong Kim Yin | Group CEO |
| Yap Chee Keong | Independent Director |
| Lynette Lim | Chief Legal Officer |