Media Releases

Sembcorp Industries Ltd (the “Group”) announces that its wholly-owned subsidiary, Sembcorp Environment Pte Ltd, has divested its entire shareholdings in the 50/50 joint venture companies, Jiangsu Sembcorp Chunxing Alloy Company and Chongqing Sembcorp Chunxing Alloy Company.

Sembcorp Industries wishes to announce that its inactive subsidiaries, Bonafide Development (S) Pte Ltd and Regional Infrastructure Management Pte Ltd, have been placed under Members’ Voluntary Liquidation.

Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured a Letter of Intent (LOI) from Seadrill Limited to build a deepwater semi-submersible drilling rig at a turnkey contract value of US$640 (S$870) million.

Sembcorp has completed a new 30,000 cubic metres expansion to its Nanjing wastewater plant, more than tripling its current wastewater treatment capacity in the Nanjing Chemical Industrial Park (NCIP).

Sembcorp has signed a Memorandum of Understanding (MOU) with the government of Zhangjiagang City, Jiangsu province, China, to expand the scope of their cooperation in water management.

Sembcorp Industries (Sembcorp) reported a 17% growth in turnover for the first three months of 2008 (1Q2008).

Sembcorp Marine is pleased to announce the following with immediate effect.

Jurong Shipyard, a subsidiary of Sembcorp Marine, signed a Strategic Alliance Agreement with Rio de Janeiro-based Mac Laren Shipyard to operate a shipyard in Brazil.

Sembcorp Industries’ natural gas unit, Sembcorp Gas, has concluded a Gas Sales Agreement (GSA) to import 90 billion British thermal units per day (BBtud) of natural gas at a value of US$5.5 billion.

Sembcorp Industries (Sembcorp) has signed a joint venture agreement with Zhangbao Industries Co today to build, own and operate an industrial water recycling facility in the Zhangjiagang Free Trade Zone in Jiangsu Province, China.

The Higher Corporation For Specialised Zones (ZonesCorp) of Abu Dhabi and Sembcorp Industries (Sembcorp) of Singapore today signed a Memorandum of Understanding to jointly establish a world-class utility services company.

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