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Sembcorp Industries' joint venture facing claims for alleged environmental offence

ONE of Sembcorp Industries' overseas, majority-owned joint venture has been served with a further claim for an alleged environmental offence, and the group's proportionate share of the total potential fines and claims could amount up to S$100 million, Sembcorp said.

The S$100 million figure includes the provision of S$25.4 million previously made in its FY17 financial statements relating to the alleged  discharge of off-specification wastewater by one of its joint venture wastewater treatment businesses.

The group added: "The joint venture is seeking legal advice, and will defend itself against the claims and/or claim amount. Sembcorp will make timely announcements of any further material developments. The Sembcorp Group is committed to responsible operations and compliance with all legal and regulatory requirements."

sentifi.com

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