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GREAT NEWS! Sembcorp invests 1.9 billion in Sichuan! I love Sembcorp!

besotted

Alfrescian
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Bet on China is a sure win, smart move Sembcorp, you are the best blue chip!!


http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_796603.html

By Melissa Tan

A unit of Sembcorp Industries has inked a 1.86 billion yuan (S$376 million) joint venture deal with a Chinese partner to set up a company to develop the Singapore-Sichuan Hi-tech Innovation Park in China.

Singapore-Sichuan Investment Holdings (SSIH), a joint venture of Sembcorp Development, is partnering with the Chengdu Hi-tech Investment Group.

They will set up a company called Sino-Singapore (Chengdu) Innovation Park Development to develop the 1,000-hectare park, Sembcorp said on Tuesday.

Sembcorp owns a 50 per cent stake in SSIH.
 
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