SINGAPORE (Aug 15): Sembcorp Industries on Monday announced that its wholly-owned subsidiary, Sembcorp Design and Construction, has entered into a joint venture with Hock Lian Seng Infrastructure for a $1.107 billion contract from Changi Airport Group.

Hock Lian Seng Infrastructure, a subsidiary of SGX-listed Hock Lian Seng Holdings, has a 60% stake in the special purpose joint venture, with Sembcorp taking up the remaining 40%.

The contract is for proposed development works to effect three-runway operations for Singapore Changi Airport.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook