Media Releases

SembCorp Industries wishes to announce that its wholly-owned subsidiary SembCorp Parks Holdings Ltd has disposed 81 per cent of its equity interest in SembPark Midland Management Pte Ltd (formerly known as Zenith Development Pte Ltd) to Jurong Axtra Investments Pte Ltd for a total consideration of $81.

SembCorp Marine wishes to announce that its wholly-owned subsidiary, Jurong Shipyard Pte Ltd (""Jurong Shipyard""), has secured a notice of award from Petrobras Netherlands B.V.

Resolutions Passed by Shareholders at SembCorp Industries Fourth AGM and EGMs

On Monday June 3, 2002, Lim Joke Mui, 51, will join SembCorp Industries as its Chief Financial Officer.

SembCorp Industries wishes to advise that with reference to the correction made to the Annual Report 2001 of its subsidiary, SembCorp Logistics Ltd, the following amendments should be made to the Summary Directors' Report included as part of SembCorp Industries’ Summary Financial Report 2001, copies of which were despatched to shareholders on May 4, 2002.

SembCorp Industries will reduce its effective shareholding in the Wuxi-Singapore Industrial Park Development Company (WSIPDC) from 54.8 per cent to 38.5 per cent. This results from the transfer of a 21 per cent shareholding in the WSIPDC by the Singapore consortium, Singapore-Wuxi Investment Holdings (SWIH), to its Chinese partner, the Economic Development Board Group Corporation of the New District of Wuxi (WND).

SembCorp Industries will reduce its effective shareholding in the Wuxi-Singapore Industrial Park Development Company (WSIPDC) from 54.8 per cent to 38.5 per cent.

On February 20, 2002, the Company announced the book closure date and dividend payment date for the proposed final dividend of 12 per cent per ordinary share less 24.5 per cent income tax in respect of the financial year ended December 31, 2001.

SembCorp Industries wishes to update the market on its engineering and construction Key Business.

SembCorp Waste Management (SembWaste), a wholly-owned subsidiary of SembCorp Industries, has become Asia’s first waste management company to launch an integrated enterprise portal, a move that aligns its management practices with world-class standards.

On 22 April 2002, The Ministry of the Environment (ENV), SembCorp Gas Pte Ltd (SembGas) and SBS Transit Ltd (SBS Transit) will jointly undertake a pilot project to introduce compressed natural gas (CNG) buses in Singapore. Together, they will launch the CNG Pilot Project at SembGas’s CNG station on Jurong Island.

back to top