BRIEF-Sembcorp Terminates Amaravati Capital City Development
Nov 12 (Reuters) - Sembcorp Industries Ltd:
* SEMBCORP INDUSTRIES LTD - AMARAVATI DEVELOPMENT PARTNERS AND STATE GOVERNMENT OF ANDHRA PRADESH HAVE MUTUALLY AGREED TO TERMINATE PROJECT
* SEMBCORP INDUSTRIES LTD - NO LONGER FEASIBLE TO DEVELOP AMARAVATI CAPITAL CITY START-UP AREA AS ORIGINALLY PLANNED
* SEMBCORP INDUSTRIES - CLOSURE OF PROJECT SHOULD NOT IN ANY WAY IMPACT CAPITALAND'S AND SEMBCORP'S INVESTMENT PLANS IN INDIA
* SEMBCORP INDUSTRIES LTD - PROJECT CLOSURE IS NOT EXPECTED TO HAVE A MATERIAL IMPACT ON EPS OF SEMBCORP INDUSTRIES FOR FY ENDING DECEMBER 31, 2019 Source text for Eikon: Further company coverage: