Friday, August 25, 2006

Completion of sale of SMOE Group and Sembawang Bethlehem to SembCorp Marine and Sembawang Shipyard

Aug 25, 2006

Further to SembCorp Industries’ (SembCorp) announcement on July 13, 2006 in respect of the proposed sale of SMOE Group (comprising SMOE Pte Ltd, SMOE Indonesia Pte Ltd, PT SMOE Indonesia and SCE Pte Ltd) and Sembawang Bethlehem Pte Ltd (SemBeth) to SembCorp Marine Ltd (SembMarine) and Sembawang Shipyard Pte Ltd respectively, SembCorp is pleased to announce that the sale has been completed today.

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