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Screenshot of a breaking news alert e-mail from Q2 2017
Singapore Exchange (SGX) today welcomed Sanli Environmental Limited to Catalist under the stock code “1E3”.
Sanli Environmental Limited is a Singapore-based environmental engineering company with more than 10 years of experience in water and waste management. Its expertise includes the design, supply, delivery, installation, commissioning, maintenance, repair and overhaul of mechanical and electrical equipment, as well as instrumentation and control systems in wastewater treatment plants, water reclamation plants, NEWater plants, waterworks, service reservoirs, pumping stations and incineration plants.
Sim Hock Heng, CEO of Sanli, said:
Sanli’s successful listing on the Singapore Exchange marks an important milestone for our Group and I would like to extend my heartfelt appreciation to all our shareholders for their support and confidence in Sanli. We believe that this listing will open up new opportunities for us by serving as a platform for Sanli to tap the capital markets to fund our future growth plans, as well as to build Sanli’s brand in Singapore and the ASEAN region.
Mohamed Nasser Ismail, Head of Equity Capital Market (SME) and Head of Capital Market Development, SGX, commented:
We are delighted to welcome the listing of Sanli Environmental Limited, an established water and waste management company that has played a part in ensuring sustainable and quality supply of water in Singapore. We look forward to supporting the company as it brings its expertise into Southeast Asia where there are significant opportunities in the water and waste management infrastructure business.
With a market capitalisation of more than $60 million, the listing of Sanli Environmental Limited brings the total number of companies listed on Catalist to 193, with a combined market capitalisation of more than $12 billion.
Sanli Environmental Limited opened at $0.40 today.