Advertisement
Singapore markets close in 5 hours 39 minutes

  • Straits Times Index

    3,190.98
    +36.29 (+1.15%)
     

  • Nikkei

    38,090.87
    +129.07 (+0.34%)
     

  • Hang Seng

    16,486.73
    +234.89 (+1.45%)
     

  • FTSE 100

    7,847.99
    +27.63 (+0.35%)
     

  • Bitcoin USD

    62,010.95
    -2,000.12 (-3.12%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     

  • Dow

    37,753.31
    -45.66 (-0.12%)
     

  • Nasdaq

    15,683.37
    -181.88 (-1.15%)
     

  • Gold

    2,388.30
    -0.10 (-0.00%)
     

  • Crude Oil

    82.80
    +0.11 (+0.13%)
     

  • 10-Yr Bond

    4.5850
    -0.0740 (-1.59%)
     

  • FTSE Bursa Malaysia

    1,540.61
    +0.19 (+0.01%)
     

  • Jakarta Composite Index

    7,143.66
    +12.82 (+0.18%)
     

  • PSE Index

    6,540.08
    +90.04 (+1.40%)
     

BRIEF-Sembcorp Industries Says Concluded Legal Proceedings For Sembcorp's China Unit

Reuters SG
·1-min read

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)