Media Releases

Public will have easy access to Jackie Chan's movies, among others, when 50,000 film clips and other related materials are digitised and stored in bilingual library

Jurong Shipyard Limited announces that it has retrenched a total of 249 employees today. This includes management and production staff and is part of the restructuring of SembCorp Industries' shipyards. The details of the restructuring were announced on November 9, 1999.

The Company has obtained the approval in-principle of the Stock Exchange of Singapore Limited for the proposed sub-division of each ordinary share of $0.50 in the capital of the Company into five ordinary shares of $0.10 each (the "Sub-Division"). The Company believes that the Sub-Division will enhance the market liquidity of its Shares.

The Company has obtained the approval in-principle of the Stock Exchange of Singapore Limited for the proposed sub-division of each ordinary share of $0.50 in the capital of the Company into five ordinary shares of $0.10 each (the "Sub-Division"). The Company believes that the Sub-Division will enhance the market liquidity of its Shares.

SembCorp Industries wishes to announce that it had set up a new company, SembCorp Parks Management Pte Ltd as the intermediate holding company to consolidate its eight industrial park management companies for management efficiency.

Dr. Chia joined Singapore Computer Systems Limited ("SCS") as the General Manager of SCS' E-Commerce Procurement Hub business unit.

SembCorp Industries announces that its food technology subsidiary Singapore Food Industries (SFI) has received in-principle approval for a listing of its entire equity and for an initial public offering of 125,000,000 shares of $0.05 each on the Stock Exchange of Singapore.

SembCorp Industries Ltd (SembCorp Industries) announces today that its subsidiaries, Singapore Technologies Industrial Corporation Ltd, SembCorp Construction Pte Ltd and SAFE Enterprises Pte Ltd, have entered into a conditional sale and purchase agreement with a wholly-owned subsidiary (the Purchaser) of Somerset Holdings Limited (Somerset), to sell their collective equity interests of 60 per cent. in the capital of Ventura Development Pte Ltd (Ventura) amounting in aggregate to 24 million ordinary shares of $1 each (the Sale Shares) to the Purchaser (the Transaction).

SembCorp Industries announces today that Mr Philip Yeo will retire as Chairman and Director of the Company on October 1, 1999.

Newly-formed business unit joins forces with SITA, the world's third largest environmental services company, to bid for Singapore's fifth incineration plant

SembCorp Industries has entered into a put and call agreement for its entire holding of 137,488,052 ordinary shares (representing 76.1 per cent of the issued capital) in Delifrance Asia with Cafe Holdings.

SembCorp Industries and Singapore Food Industries (SFI) wish to announce that all shares offered at the initial public offering of SFI have been fully taken up.

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