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SCI - SembCorp Industries Ltd.

12/11/2017 | Press release | Distributed by Public on 12/11/2017 03:42

Increase in Stake in Phu My 3 Now Effective

INCREASE IN STAKE IN PHU MY 3 NOW EFFECTIVE

Singapore, 11 December, 2017 - With reference to its previous announcement on the acquisition of an additional 33.3% interest in Phu My 3 BOT Power Company to bring its total shareholding to 66.67%, Sembcorp Industries is pleased to update the market that all conditions precedent to this acquisition have since been fulfilled, and that the transfer of shares is now completed. This will not have an impact on the earnings per share and net asset value per share of Sembcorp Industries for the financial year ending December 31, 2017.