Latest in Daily Bulletin SG


Sembcorp Industries Divest 60% Of Sembcorp Air Products

Sembcorp Industries has announced the completion of the divestment of its entire 60 percent stake in Sembcorp Air Products (SembAP) to Eastman Chemical Singapore for approximately $4 million. In addition, the group has transferred its propylene purification plant on Jurong Island to Eastman Chemical Singapore for $5.7 million.

OSIM International FY15 Earnings Slump 49.6% On Weaker Sales And Legal Fees

OSIM International has announced a 49.6 percent slump in its FY15 net earnings to $51.5 million, in comparison FY14 achieved net earnings of $103 million. Revenue dropped 10.4 percent to $619.6 million due to weaker sales as the year has been plagued with challenges from gyrating markets and currency turmoil in the region.


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