Monday, October 23, 2006

SembCorp Industries winds up inactive subsidiaries

October 23, 2006

SembCorp Industries (SembCorp) wishes to announce that its inactive subsidiaries, MSI (BVI) Limited (“MSI”), Sembawang Corporation Investments (S) Pte Ltd (“Sembawang”) and RDC Cement Pte Ltd (“RDC”) have been placed under Members’ Voluntary Liquidation. All three companies are indirect wholly-owned subsidiaries.

Mr Robert Yam has been appointed as the liquidator for MSI and Sembawang and Mr Teo Ban Seng has been appointed as the liquidator for RDC.

The voluntary liquidation of these subsidiaries does not have any material financial impact on SembCorp Group for the financial year ending 31 December 2006.

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