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5E Resources Expands Capacity, Eyes Growth

5E Resources Expands Capacity, Eyes Growth

5E Resources Limited (SG:NLC) has released an update.

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5E Resources Limited, a major waste management service in Southern Malaysia, has announced a 75% increase in waste treatment capacity with the upcoming launch of their new plant. The company, which derives 65% of its revenue from Johor, is financing the construction of the plant through internal funds, although it remains open to external financing if needed. This news comes ahead of their AGM scheduled for 23 April 2024.

For further insights into SG:NLC stock, check out TipRanks’ Stock Analysis page.

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