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Sembcorp Ind eyes S$350m gain from sale of stake in JV

It expects to channel the gain for FY15 into high-growth businesses and markets in energy and water sectors

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A SembSita advanced waste treatment facility.

Singapore

SEMBCORP Industries expects to channel a net gain of about S$350 million from the sale of a 40 per cent stake in an Australian integrated waste management joint venture into high-growth businesses and markets in the energy and water sectors.

Its wholly owned subsidiary