23 December 2014

Sembcorp Marine Opens New Subsidiary in Indonesia

23 December 2014 - Sembcorp Marine announced that PT SMOE Indonesia, a subsidiary of the Company, has set up a new subsidiary known as PT SMOE Singgar Mulia Engineering in the Republic of Indonesia.

The principal activity of PT SMOE Singgar Mulia Engineering is to provide engineering services. The incorporation of the said subsidiary is not expected to have a material impact on the net tangible assets and earnings per share of the Company for the current financial year ending 31 December 2014.

Sembcorp Marine is a leading global marine and offshore engineering group, specialising in a full spectrum of integrated solutions in ship repair, shipbuilding, ship conversion, rig building and offshore engineering & construction.