Media Releases

Sembcorp Industries announces that its wholly-owned subsidiary, Sembcorp Industrial Parks, has subscribed for and been allocated three ordinary shares in Singapore-Sichuan Investment Holdings (SSIH) at S$1 per share.

Sembcorp Marine’s subsidiary Jurong Shipyard has secured an order worth a total of US$450 million to build a harsh-environment jack-up rig from Seadrill.

Sembcorp Industries (Sembcorp) delivered a strong performance in 2010, reporting a 16% growth in net profit attributable to shareholders of the Company (net profit) for the full year 2010 (FY2010).

Sembcorp continues to make progress for its first Indian power plant project, a 1,320-megawatt coal-fired power plant applying high efficiency supercritical technology.

Further to its announcement on May 25, 2010 of its agreement to acquire a 49% stake in Thermal Powertech Corporation India (TPCIL), Sembcorp is pleased to announce that it has proceeded to inject the first tranche of its equity into TPCIL to complete its acquisition of 49% of TPCIL’s shares.

Sembcorp Marine’s subsidiary PPL Shipyard has signed another turnkey contract to build a jack-up rig with Atwood Oceanics Pacific Limited (“AOPL”), a wholly-owned subsidiary of Atwood Oceanics Inc.

Sembcorp Marine’s subsidiary Sembawang Shipyard has secured a newbuilding and three major upgrading contracts totalling S$215 million, reinforcing its reputation as a world leading shipyard for ship repairs, ship conversions and specialized offshore newbuildings.

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