Sembcorp Industries, on Nov 9, announced that it is undergoing legal proceedings in relation to the divestment of its municipal water assets in December 2018.

On Dec 21, 2018, Sembcorp completed the sale of its wholly-owned subsidiary Sembcorp Utilities (Netherlands) N.V.’s (SUNNV) 100% stake in Sembcorp Utilities South Africa (SUSA), as well as its 100% effective stake in Sembcorp Silulumanzi to South African Water Works.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook