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SembCorp sells E&C subsidiary

Singapore’s SembCorp Industries has sold 88% of its subsidiary SembCorp Engineers & Constructors to India’s Punj Lloyd for S$35.2 million (US$22.3 million).

Taking a loss: from the sale of its SembCorp E&C subsidiary
Taking a loss: from the sale of its SembCorp E&C subsidiary
  • Bevis Yeo
Published 6 June 2006, 01:46Updated 10 October 2016, 08:09
Asia & Oceania