27 Aug 2003

Business Times Story: SembCorp Marine Plans to Build Giant Shipyard In Tuas

SembCorp Marine refers to the article in the Business Times of August 27, 2003 titled “SembCorp Marine plans to build giant shipyard in Tuas”.

SembCorp Marine is in discussion with various government authorities on the possibility of re-locating its operations to a new shipyard in the west of Singapore.

No final decision has been made to proceed at this time. An announcement will be made once the plans and details are finalised and the required approvals are received.

Lim Seh Li (Ms)
Company Secretary

For media & analysts enquiries, please contact the following:

Judy Han (Ms)
Vice President
Investor Relations & Communications
Tel No : (65) 6262 7203
Fax No : (65) 6261 0738
Email : judy@sembcorpmarine.com.sg