Media OutReach
TBS Energi Utama Completes Acquisition of Sembcorp Environment Pte. Ltd., Moving Closer to Full Transformation into a Sustainability-focused Business
- The acquisition strengthens TBS’s integrated environmental solutions portfolio in Southeast Asia, in line with its TBS2030 carbon neutrality target.
- TBS is getting closer to its vision of fully transitioning into a sustainability-focused and environmental solutions company.
JAKARTA, INDONESIA – Media OutReach Neswire – 18 March 2025 – SPT TBS Energi Utama Tbk. (“TBS”) has completed its 100% acquisition of Sembcorp Environment Pte. Ltd. (“SembEnviro”) through its subsidiary, SBT Investment 2 Pte. Ltd. (“SBT Investment”). This acquisition marks a significant milestone in TBS’s regional expansion in the waste management and environmental solutions sector, starting with Indonesia and Singapore.
Singapore is a pivotal market for TBS, and this acquisition marks an important milestone in TBS’ ongoing commitment to invest in and enhance Singapore’s environmental services sector. Through SembEnviro, the company plans to further expand its capabilities locally, ensuring alignment with the nation’s sustainability vision and maintaining high service standards for its customers and partners.
This strategic move builds upon TBS’s ongoing expansion efforts, following the 2023 acquisitions of Asia Medical Enviro Services Pte. Ltd. in Singapore and ARAH Environmental Group in Indonesia. The acquisition reinforces TBS’s commitment to achieving its TBS2030 sustainability targets. DBS Bank Ltd is the sole financial adviser to TBS in relation to the acquisition of SembEnviro.
Lim Hwee Hua, Director of SBT Investment, stated, “We are excited to welcome the SembEnviro team into the TBS family. Their expertise and experience will accelerate our transformation into a regional market leader dedicated to sustainable environmental solutions.”
With this acquisition, TBS further strengthens its sustainability ventures that consist of three key pillars – waste management, renewable energy and two-wheeler electric vehicles. TBS is committed to translating its vision into concrete action.
Hashtag: #TBS
The issuer is solely responsible for the content of this announcement.
About TBS
PT TBS Energi Utama Tbk (IDX: TOBA) is a publicly listed integrated energy company leading the transition in Indonesia’s energy sector through sustainable development. With a diverse business portfolio that includes waste management, renewable energy and electric vehicles, TBS is dedicated to reducing its carbon footprint and promoting environmental sustainability from low-carbon growth. Operating across multiple sites in Singapore and Indonesia, including Gorontalo, East Kalimantan, Batam, Lampung and Central Java, TBS employs over 2,000 people who are integral to its mission of sustainable growth and innovation. The company’s strategic focus Towards a Better Society 2030 (TBS2030) emphasizes its commitment to achieving carbon neutrality by 2030, in alignment with Indonesia’s Net Zero Carbon 2060 goals. Through continuous innovation and a commitment to responsible growth, TBS aims to create a positive impact on communities and contribute to a greener, more sustainable future.
For more information about our green business journey, visit www.tbsenergi.com
Media OutReach
China-Singapore Youth Dialogue wraps up with focus on AI, innovation
Co-organized by the People’s Daily and Lianhe Zaobao, the two-day event featured 12 young representatives who explored how their generation is shaping the future through innovation, cultural renewal and cross-border collaboration.
In the first panel, “Youth Driving Tech Innovation,” participants working in robotics, flying cars and data verification discussed both the opportunities and challenges of the AI era.
Tan Wei Hua, head of design at Singapore-based LionsBot International, addressed concerns over “AI anxiety” and its impact on jobs. “New jobs are going to be created. The next generation will be doing something entirely different,” he said, pointing to robotics as a growing field of opportunity.
Quah Zheng Wei, CEO and co-founder of Accredify, encouraged aspiring entrepreneurs to take the first step. With the tech industry evolving rapidly, he stressed that “nothing is holding you back.”
From an industry perspective, Michael Du, CFO and vice president of ARIDGE, said emerging technologies are expanding possibilities in everyday life. Meanwhile, Xu Huazhe, assistant professor at the Institute for Interdisciplinary Information Sciences at Tsinghua University, highlighted the strengths of younger generations: “With the correct taste, they will build the most meaningful things.”
The second panel, “Contemporary Renewal of Traditional Culture,” shifted focus from innovation to heritage. Artists and cultural practitioners in wood sculpture, paper art, jewelry design and journalism explored how tradition can be revitalized in modern contexts.
Wood sculpture artist Deng Kun emphasized the importance of cultivating an eye for beauty, while Lianhe Zaobao arts and culture journalist Zhang Heyang described traditional culture as “a place of spiritual haven for today’s youth.”
Designer Longhong Ziwei, founder and art director of the accessory brand Soft Mountains, said engaging with Yi heritage has inspired her work and resonated with international audiences.
Singaporean paper and mixed media artist Koh Pei Li, drawing inspiration from everyday urban life, highlighted the value of noticing overlooked details. Through her work, she hopes to reconnect people with the subtle beauty around them.
In the final panel, “Jointly Building a Sustainable Future,” speakers from architecture, fashion, and marine conservation offered interdisciplinary perspectives on sustainability.
Chen Kan, principal architect of TAB Architecture and Design, spoke about the philosophy of “being-with” as a guiding principle. “We need a deeper capacity to coexist with others,” he said.
Goy Zhenru, principal architect of Goy Architects in Singapore, emphasized designing in harmony with nature. She highlighted the importance of connecting living spaces with natural elements such as breeze and sunlight to create comfort and environmental awareness.
Sam Shu Qin, co-founder of Our Singapore Reefs and Our Blue Spaces, who describes herself as “a gardener underwater,” expressed hope that younger generations will recognize their ability to give back to the ocean.
For fashion designer Chen Peng, founder of brand CHENPENG, sustainability is both cultural and practical. “It should be culture-based and do no harm to the earth. It’s not a choice, but a natural extension of philosophy,” he said.
The dialogue marked a step forward in media cooperation and people-to-people exchanges between China and Singapore. By amplifying youth perspectives, it showcased the innovative energy and collaborative potential of both countries, while helping to build a long-term platform for bilateral engagement and shared progress.
The issuer is solely responsible for the content of this announcement.
Media OutReach
China-Singapore Youth Dialogue wraps up with focus on AI, innovation
Co-organized by the People’s Daily and Lianhe Zaobao, the two-day event featured 12 young representatives who explored how their generation is shaping the future through innovation, cultural renewal and cross-border collaboration.
In the first panel, “Youth Driving Tech Innovation,” participants working in robotics, flying cars and data verification discussed both the opportunities and challenges of the AI era.
Tan Wei Hua, head of design at Singapore-based LionsBot International, addressed concerns over “AI anxiety” and its impact on jobs. “New jobs are going to be created. The next generation will be doing something entirely different,” he said, pointing to robotics as a growing field of opportunity.
Quah Zheng Wei, CEO and co-founder of Accredify, encouraged aspiring entrepreneurs to take the first step. With the tech industry evolving rapidly, he stressed that “nothing is holding you back.”
From an industry perspective, Michael Du, CFO and vice president of ARIDGE, said emerging technologies are expanding possibilities in everyday life. Meanwhile, Xu Huazhe, assistant professor at the Institute for Interdisciplinary Information Sciences at Tsinghua University, highlighted the strengths of younger generations: “With the correct taste, they will build the most meaningful things.”
The second panel, “Contemporary Renewal of Traditional Culture,” shifted focus from innovation to heritage. Artists and cultural practitioners in wood sculpture, paper art, jewelry design and journalism explored how tradition can be revitalized in modern contexts.
Wood sculpture artist Deng Kun emphasized the importance of cultivating an eye for beauty, while Lianhe Zaobao arts and culture journalist Zhang Heyang described traditional culture as “a place of spiritual haven for today’s youth.”
Designer Longhong Ziwei, founder and art director of the accessory brand Soft Mountains, said engaging with Yi heritage has inspired her work and resonated with international audiences.
Singaporean paper and mixed media artist Koh Pei Li, drawing inspiration from everyday urban life, highlighted the value of noticing overlooked details. Through her work, she hopes to reconnect people with the subtle beauty around them.
In the final panel, “Jointly Building a Sustainable Future,” speakers from architecture, fashion, and marine conservation offered interdisciplinary perspectives on sustainability.
Chen Kan, principal architect of TAB Architecture and Design, spoke about the philosophy of “being-with” as a guiding principle. “We need a deeper capacity to coexist with others,” he said.
Goy Zhenru, principal architect of Goy Architects in Singapore, emphasized designing in harmony with nature. She highlighted the importance of connecting living spaces with natural elements such as breeze and sunlight to create comfort and environmental awareness.
Sam Shu Qin, co-founder of Our Singapore Reefs and Our Blue Spaces, who describes herself as “a gardener underwater,” expressed hope that younger generations will recognize their ability to give back to the ocean.
For fashion designer Chen Peng, founder of brand CHENPENG, sustainability is both cultural and practical. “It should be culture-based and do no harm to the earth. It’s not a choice, but a natural extension of philosophy,” he said.
The dialogue marked a step forward in media cooperation and people-to-people exchanges between China and Singapore. By amplifying youth perspectives, it showcased the innovative energy and collaborative potential of both countries, while helping to build a long-term platform for bilateral engagement and shared progress.
The issuer is solely responsible for the content of this announcement.
Media OutReach
Citri Mobile Expands Singapore Repair Network as Jurong and Yishun Demand Grow
Expansion strengthens access to fast, reliable device repair services across Jurong, Yishun, Tampines and Chinatown as demand for urgent technical support rises
What often begins as a minor inconvenience can quickly escalate. A phone may take longer to charge, a screen may flicker briefly before stabilising, or a laptop may run hotter than usual during routine use. These early signs are often ignored until the device stops functioning at a critical moment.
Hashtag: #CitriMobile #SingaporeRepair #Jurong #Yishun
https://citrimobile.com/
https://x.com/CitriMobile
https://www.facebook.com/CitriSG/
https://www.instagram.com/citrimobilesg
https://www.carousell.sg/u/citrimobilesg/
The issuer is solely responsible for the content of this announcement.
C3 Smart Repair By Citri Mobile
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