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Sembcorp Development
Deals, joint ventures & alliances
Sembcorp subsidiary inks MOUs to build two low-carbon industrial parks in Batam
The proposed projects are a 100 ha industrial park in Tembesi and a 500 ha industrial park on Tanjung Sauh.
August 01, 2024
Company in the news
Sembcorp receives investment licence to develop new industrial park in Vietnam
The park, which measures 293.7 hectares, is located in Can Tho City, a Class 1 city in Vietnam.
October 17, 2022
Company in the news
Groundbreaking ceremony held for Sembcorp Industries' subsidiary in Vietnam
The ceremony was witnessed by Vietnam’s Deputy Prime Minister Truong Hoa Binh.
September 28, 2020
Company in the news
Sembcorp Industries subsidiary to develop first integrated urban development in Myanmar
Sembcorp says an agreement will be signed shortly with the Yangon Region government for the lease of 436 hectares of land in the Hlegu Township of Yangon Region for industrial, residential and commercial purposes.
August 17, 2020
M&A
Sembcorp Industries forms joint venture company with CRE Asia; increases share capital in Sembcorp Infra Services
Sembcorp Industries’ wholly-owned urban business Sembcorp Development and Japanese property firm CRE Asia has formed a joint venture company, Sembcorp Infra Holdings (SIH), on Thursday.
July 02, 2020
M&A
Semborp disposes entire Gallant Venture stake for $62 mil
SINGAPORE (June 12): Sembcorp Industries' wholly-owned subsidiary, Sembcorp Development, has disposed of its entire 10.27% stake in Gallant Venture for a consideration of $62 million.
June 12, 2019
Property
Sembcorp increases stake in Vietnam JV
SINGAPORE (Nov 21): Sembcorp Industries through its wholly-owned subsidiary, Sembcorp Development, is increasing its interest in Vietnam Singapore Industrial Park (VSIP) to 96.6% from 92.9% previously.
November 21, 2017
Ascendas-Singbridge and Sembcorp win master development rights to Andhra Pradesh Start-up Area
(May 15): Urban development providers Ascendas-Singbridge and Sembcorp Development, a wholly owned subsidiary of Sembcorp Industries, have won a letter of award for the master development rights to the Amaravati City Start-up Area in Andhra Pradesh, India
May 15, 2017