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BRIEF-Sembcorp Industries Updates On Ongoing Legal Proceedings Related To Overseas JV Co

Reuters SG

Jan 17 (Reuters) - Sembcorp Industries Ltd:

* SEMBCORP INDUSTRIES- UPDATES ON ONGOING LEGAL PROCEEDINGS RELATED TO ALLEGED DISCHARGE OF OFF-SPECIFICATION WASTEWATER BY ITS OVERSEAS JV CO

* SEMBCORP INDUSTRIES LTD - JOINT VENTURE CO WAS FINED S$10 MILLION IN Q4 OF 2019

* SEMBCORP INDUSTRIES LTD - GROUP'S SHARE OF FINES, CASH SETTLEMENT TO TOTAL S$54 MILLION

* SEMBCORP INDUSTRIES LTD- NO FURTHER FINANCIAL IMPACT IS EXPECTED

* SEMBCORP INDUSTRIES LTD - JV CO WILL BE COMMITTING TO NEW INVESTMENTS FOR ABOUT S$45 MILLION OVER NEXT 4 YEARS Source text for Eikon: Further company coverage: