SembCorp Industries Limited
SIN:U96 ISIN:SG1R50925390
Sembcorp Industries Limited is a Singapore-based company. The principal activities of the Company include investment holding, and production and supply of utilities services, terminalling and storage of petroleum products and chemicals. The Company operates in five business segments: Utilities, Marine, Environment, Industrial Parks and Others/Corporate. In January 2008, the Company entered into an internal restructuring with its wholly owned subsidiary, Sembcorp Utilities Pte Limited for the acquisition of assets and businesses of Sembcorp Utilities & Terminals (SUT) and Propylene Purification Unit (PPU) divisions. The subsidiaries of the Company include Sembcorp Utilities Pte Limited, Sembcorp Cogen Pte Limited, Sembcorp Marine Limited, Jurong Shipyard Pte Limited, Sembcorp Environment Pte Limited, Sembcorp Industrial Parks Limited, and Sembcorp Design and Construction Pte Limited. In November 2008, the Company formed an equity joint venture, Shenyang Sembcorp Water Company.
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Asian markets ended higher Tuesday. Trading remained thin while markets including China, Hong Kong, Taiwan and Singapore were closed. Japan's Nikkei advanced 0.2 per cent and South Korea's Kospi rose 0.5 per cent, driven by good leads in financial and resources sector. Commodities prices were higher as risk appetite returned. Hong Kong and Singapore bourses resume trading on Wednesday.
Asian stock markets shrugged off the losses on Wall Street and mostly opened higher on Monday.
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