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SembCorp Industries
was formed in October 1998 from the merger of STIC - Singapore Technologies Industrial Corporation and Sembawang Corporation.
SembCorp Industries has five key businesses: Utilities, Engineering & Construction, Environmental Engineering, Logistics, Marine Engineering.
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SembCorp Industries is Asia's foremost engineering services group. It was formed in October 1998 from the merger of STIC - Singapore Technologies Industrial Corporation - and Sembawang Corporation.

SembCorp Industries has five key businesses:

Utilities
Engineering & Construction
Environmental Engineering
Logistics
Marine Engineering
Focusing on these businesses to create value for its shareholders, SembCorp Industries is now :

The largest engineering and construction company in Asia, outside Japan and Korea.


One of South East Asia's leading supply chain logistics groups. Its subsidiary SembCorp Logistics recently entered into a strategic alliance with Kuehne & Nagel International, a Switzerland-based international freight forwarder, to provide global logistics solutions.


The largest ship repair and conversion operations in East Asia.
In Singapore, SembCorp Industries owns the country's first central multi-utility complex located on Jurong Island, as well as the country's leading environmental engineering services company.

In Development companies include the Group's food subsidiary, minting services, industrial parks, an Internet service provider and other businesses such as hotels and resorts.

SembCorp Industries has total assets worth more than S$5.0 billion and is placed among the top 25 companies in Singapore by market capitalisation. The Group employs about 11,000 staff, of whom some 20 per cent hold engineering and technical qualifications.

Listed on the main board of the Singapore Exchange, SembCorp Industries is a component stock of the Straits Times Index and the Morgan Stanley Capital Index.

FY00 turnover Marine engineering 26.2%, engineering and construction 21.9%, logistics 15.45, utilities 10.55, environmental engineering 2.55, other 23.5%.

1HFYoq profit rose 1.3% in line with flat sales due to weak engineering and construction business offsetting improved sales from utilities, environmental engineering , logistics and marine operations.
Semb Corp Ind it is on target to deliver a healthy level of profitability this year.

(wef : 03/01/02)


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