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.

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.

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.

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.

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.

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.

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.

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
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