Media Releases

Sembcorp Industries (Sembcorp) reported a net profit of S$184.8 million in the first quarter of 2014 (1Q2014), up 5% from S$176.9 million in 1Q2013.

Sembcorp Industries (Sembcorp) is pleased to announce that Ajaib Haridass and Neil McGregor will be appointed as independent directors to the board with effect from May 1, 2014.

Sembcorp Industries (Sembcorp) is pleased to announce the expansion of its industrial wastewater treatment business to China’s Hubei province, with the development of its first beachhead in Jingmen city.

The Board of Directors of Sembcorp Marine wishes to announce the following changes to the Board with effect from 22 April 2014.

Named “Leader in Wastewater Treatment for Chemical Industrial Parks” at ChinaWaterNet’s prestigious China Water Industry Annual Award

The plant will produce environmentally-friendly, economical steam for Jurong Island companies and enhance synergies between Sembcorp’s businesses

Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured an agreement with RCL Cruises Ltd., a member of the Royal Caribbean Cruises Ltd. group, to perform the extensive revitalisation of Royal Caribbean International’s 137,276-gross tonnage, passenger-ship Voyager of the Seas.

Sembcorp Marine’s subsidiary Jurong Shipyard has signed two contracts for US$540 million each to build two drillships with options for three additional units from a subsidiary of Transocean Ltd (Transocean).

Sembcorp Industries (Sembcorp) delivered a robust performance for the full year 2013 (FY2013). Net profit grew 9% to S$820.4 million from S$753.3 million in FY2012, while turnover increased 6% to S$10.8 billion from S$10.2 billion the previous year.

Further to its announcement on February 3, 2014 of its conditional agreement to acquire a 45% stake in NCC Power Projects (NCCPP), Sembcorp Industries (Sembcorp) is pleased to announce that it has successfully completed the acquisition upon the fulfillment of conditions precedent, including approvals from the relevant authorities and the lenders.

Sembcorp Marine's subsidiary PPL Shipyard has signed a turnkey jack-up rig contract worth US$214.3 million with Marco Polo Drilling (I) Pte. Ltd., an indirect wholly-owned subsidiary of Marco Polo Marine Ltd (""MPM""), as well as the grant of an option for two sequential units of similar jack-up rigs to be exercised at MPM's discretion.

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