31 May '17, 11pm

Sanli Environmental Limited: Sanli Environmental Limited (“Sanli” or the “Company”) is offering 52m new shares at… https://t.co/mh3HD7WIgG

Sanli Environmental Limited (“Sanli” or the “Company”) is offering 52m new shares at $0.225 per share for its IPO, of which 49.5m will be via placement and the remaining 2.5m for the public. The Company will be listed on the Catalist with a market cap of around $60.4 million. The offer will close on 6 June at 12pm and starts trading on 8 June 2017. Principal Business The Company is an environmental engineering company in the field of water and waste management. Water management refers to the treatment of raw and used water and Waste Management refers to the treatment of refuse in incineration plants. The business can be divided into two main segments: Engineering, Procurement and Construction (“EPC”) – services include upgrading of existing water treatment plants, upgrading of pumping station capacities and replacement of aged equipment Operations and Maintenance – mainten...

Full article: http://thefinance.sg/2017/06/01/sanli-environmental-limited/

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