SUBSCRIBERS
Soilbuild buys Sembcorp EOSM for S$12.3m
Published Wed, Nov 21, 2018 · 09:50 PM
Singapore
SOILBUILD Construction Group on Wednesday said it is buying Sembcorp EOSM - an associated firm of Sembcorp Industries that designs and makes building materials in Singapore, Malaysia and India - for some S$12.3 million.
The purchase involved buying the 60 per cent stake held by Sembcorp Industries' unit, and the remainder from a collection of sellers including Thye Chuan Engineering Construction and several individuals.
Copyright SPH Media. All rights reserved.