SIS has recently increased its share capital by issuing new 6,836,614 ordinary shares at the issue price of US$1.21 ($1.69) per share for cash to a new joint venture partner.
SINGAPORE (July 2): 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.
SIH is the direct holding company of an existing entity, Sembcorp Infra Services (SIS).
