BRIEF-Sembcorp Industries Says Concluded Legal Proceedings For Sembcorp's China Unit
Feb 7 (Reuters) - Sembcorp Industries Ltd:
* LEGAL PROCEEDINGS FOR SEMBCORP'S CHINA UNIT CONCLUDED
* SHARE OF FINES AND CASH SETTLEMENT FOR BOTH CLAIMS REMAINS UNCHANGED AT A TOTAL OF S$54 MILLION
* THERE IS NO FURTHER FINANCIAL IMPACT ARISING FROM CONCLUSION OF LEGAL PROCEEDINGS
* TO COMMITT TO NEW INVESTMENTS OF ABOUT S$45 MILLION OVER NEXT FOUR YEARS TO PROJECTS SUPPORTING ENVIRONMENTAL PROTECTION IN CHINA
* PORTION OF NEW INVESTMENTS EARMARKED FOR UPGRADING FACILITIES FOR WASTEWATER TREATMENT BUSINESS IN JIANGSU
* SEMBCORP NANJING SUIWU HAS TERMINATED EMPLOYMENT OF THOSE INDIVIDUALS FOUND GUILTY
* LEGAL PROCEEDINGS IN CHINA RELATED TO DISCHARGE OF OFF-SPECIFICATION WASTEWATER BY SEMBCORP NANJING SUIWU Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)