The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Sembcorp Industries' Nanjing water-treatment JV fined S$10m for pollution offences; key execs jailed

A civil claim has also been filed to cover clean-up costs. All in, Sembcorp is facing S$54m in fines and claims

Tay Peck Gek

Tay Peck Gek

Published Fri, Jan 17, 2020 · 09:50 PM
Share this article.

Singapore

MAINBOARD-LISTED conglomerate Sembcorp Industries is staring at S$54 million in fines and civil claims for its water-treatment joint venture in China's illegal discharge of wastewater. Eleven of the unit's executives, including its Singaporean general manager, have been jailed and individually fined.

Sembcorp Industries (SCI) issued a statement to the Singapore Exchange late on Friday to disclose that its joint-venture company was fined S$10 million in China last quarter.

KEYWORDS IN THIS ARTICLE

Pollution

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here