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Sembcorp Signs Heads Of Agreement To Explore Expanding Water Business In Shenyang

June 25, 2009

Sembcorp continued to make progress in its water projects in China, signing a Heads of Agreement (HoA) with the Shenyang Economic & Technological Development Area Administrative Committee (SEDA AC) to explore entering a project for wastewater treatment in Shenyang, Liaoning Province. This is in addition to Sembcorp’s existing presence in the Shenyang, which includes three water works facilities, water intake systems and a water distribution network.

The HoA was inked today on the sidelines of the Singapore International Water Week’s China Business Forum. It was signed on behalf of the SEDA  AC by Cao Yang, Vice Director of the Shenyang Municipal Government’s Southeast Asia Economic & Trade Rep Office, and by the CEO of Sembcorp’s China operations Dr Jeffrey Chen on behalf of Sembcorp. Also present to witness the signing were the Director of the Shenyang Municipal Government’s Southeast Asia Economic & Trade Rep Office, Li Liming, Chairman of the Shenyang Water Group Co. Zhang Guoxiang, International Enterprise Singapore’s Director for International Operations (China) Ignatius Lim, Sembcorp’s Executive Vice President for Group Business & Strategic Development and Head of Water, Energy and Middle East & North Africa Tan Cheng Guan Sembcorp Group President & CEO Tang Kin Fei.

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April Lee (Ms)
Senior Vice President
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Sembcorp Industries Ltd is a leading utilities and marine group. The Group provides centralised utilities, energy and water to industrial and other customers in Singapore, the United Kingdom, Asia and the Middle East. It is a global leader in marine and offshore engineering and also a provider of environmental and industrial park management services in the region. Sembcorp has total assets of over S$8 billion and employs more than 7,000 employees. Listed on the main board of the Singapore Exchange, Sembcorp is a component stock of the Straits Times Index and several MSCI indices.

Note to Editors:
Following a recent company rebrand, please refer to the company as “Sembcorp” (with “S” in upper case and “c” in lower case), or “Sembcorp Industries” in full. Please also note that “Sembcorp” is not an abbreviation of “Sembawang Corporation” but a brandname in itself, and it is therefore incorrect to refer to our company as “Sembawang”, “Sembawang Corporation” or similar.