Sembcorp Salalah is 40% owned by Sembcorp Utilities (Singapore), a wholly-owned subsidiary of Sembcorp Industries, and 19% owned by Oman Investment Corporation (Oman), with others (including public shareholders) holding 41% of the Company’s issued share capital.
Sembcorp Salalah has been listed on the Muscat Securities Market since 8 October 2013.
Sembcorp Industries is a leading energy, water and marine group with operations across five continents worldwide. Sembcorp is a trusted provider of essential energy and water solutions to both industrial and municipal customers. It is also a world leader in marine and offshore engineering, as well as an established brand name in urban development.
The Salalah Independent Water and Power Plant is Sembcorp’s second power and water investment in the Middle East, where it has been operation since 2006. Sembcorp owns, operates and maintains the Fujairah 1 Independent Water and Power Plant, one of the world’s largest operating hybrid desalination plants, in the United Arab Emirates.
Oman Investment Corporation is a leading Omani investment company that combines an ambitious, entrepreneurial spirit with years of experience and a thorough knowledge of investing in the region. It primarily invests in unquoted companies with a strong investment case which can deliver superior risk-adjusted returns to its shareholders. The company targets growing businesses and acquisitions of companies in a wide range of industry sectors.
Oman Investment Corporation has a strong management team with financial and investment expertise, and a successful track record in adding value to the companies in which it invests.