Sembcorp Industries: its unit Sembcorp Utilities has established a wholly owned hold co in Shanghai, and will transfer its water invmts in China to the new co. Named Sembcorp (China) Holding Co., the unit has an initial capital of US$50m and will serve as the regional HQ of the utility company...
The streamlined organizational structure may facilitate the formation of a business trust in the future, and allow the co to recycle its capital more easily...
Sembcorp Utilities runs plants that have the capacity to generate 5,600MW of power and has >6m cubic metres of water/day in operation and under devt. It provides water and waste water treatment facilities to 5 industrial parks in China including Shanghai Chemical Industrial Park and Nanjing Chemical Industrial Park.
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