Sembcorp Marine unveils new 100%-owned subsidiary
JED Centre will provide engineering services.
In a release, Sembcorp Marine announced the incorporation of a wholly-owned subsidiary JED Centre Sdn. Bhd. The principal activity of JED Centre Sdn. Bhd. is to provide engineering services.
The incorporation of the said subsidiary is not expected to have any material impact on the net tangible assets and earnings per share of the Company for the current financial year.