Sembcorp Industries (SGX:U96) completed the AU$6.5 billion purchase of Australia-based Alinta Energy from Chow Tai Fook Enterprises, an affiliate of Hong Kong-listed Chow Tai Fook Jewellery Group (HKG:1929), according to a Thursday filing with the Singapore Exchange.
The move aims to strengthen Sembcorp's growth in Australia, the firm previously said.