A name change won't help the share price, but this might:...

A name change won't help the share price, but this might:

Sembcorp to Sell Entire 40% Stake in Australia Venture

WSJ  21/09/2015 11:34AM AEST
   By Gaurav Raghuvanshi


SINGAPORE--Sembcorp Industries Ltd. Monday said its unit has signed a deal to sell its entire 40% equity stake in an Australian waste management business to its 60% partner Suez Environnement Asia for 485 million Australian dollars (US$349 million).
Singapore-listed utilities and marine firm Sembcorp said it expects to complete the sale of its stake in SembSita Pacific Pte. Ltd. by the fourth quarter of this year and make a net gain of about 350 million Singapore dollars (US$250 million) from the transaction.
Sembcorp first invested in SembSita in 2000 with Suez, it said.