15 Aug 2005

Management Changes in SembCorp Marine

SembCorp Marine wishes to announce that Mr Heng Chiang Gnee, currently the Deputy President of SembCorp Marine will be appointed the Chief Executive Officer designate of SembCorp Environmental Management (SembEnviro) by SembCorp Industries with effect from August 15, 2005.

Following his appointment, Mr Heng will relinquish his position as Deputy President of SembCorp Marine, alternate director in the SembCorp Marine Board and Chairman of Sembawang Shipyard Pte Ltd (SSPL) with effect from the same date. He will also relinquish his directorships in all SembCorp Marine subsidiaries except in SSPL Board where he remains as a non-executive Director.

SembCorp Marine would like to thank Mr Heng for his contributions to the Group and wishes him every success in his new appointment.

Mr Wong Weng Sun remains as the Deputy President of SembCorp Marine and concurrently Managing Director of Jurong Shipyard Pte Ltd.

SembCorp Marine also wishes to announce the following:

  1. With effect from August 16, 2005, Mr Tan Kwi Kin will be appointed Chairman of Sembawang Shipyard Pte Ltd
  2. Mr Ong Poh Kwee remains as Managing Director of Sembawang Shipyard Pte Ltd

For media & analysts enquiries, please contact:

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