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BRIEF-Sembcorp Industries Says Complied With Disclosure Obligations In Relation To JV Co Proceedings

Jan 20 (Reuters) - Sembcorp Industries Ltd:

* SEMBCORP INDUSTRIES REITERATES IT HAS COMPLIED WITH DISCLOSURE OBLIGATIONS IN RELATION TO PROCEEDINGS INVOLVING JV WASTEWATER TREATMENT CO IN CHINA

* FINE OF S$10 MILLION LEVIED ON JVCO IN Q4 WAS PROVIDED FOR IN PROVISIONS MADE IN 2018, HAD NO FURTHER FINANCIAL IMPACT

* CO, IN LATE DEC 2019, REACHED A CIVIL SETTLEMENT AGREEMENT WITH LOCAL AUTHORITIES

* AGREEMENT EXPECTED TO BE FINALISED IN FEB 2020, AT WHICH POINT LEGAL PROCEEDINGS WOULD BE DEEMED TO HAVE BEEN CONCLUDED Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)