Sanli Environmental Ltd. (SG:1E3) has released an update.
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Sanli Environmental Limited’s subsidiary, Enviro Plant & Engineering Pte. Ltd., has partnered with Mursun Pte. Ltd. to form a joint venture, Zaison Energy Pte. Ltd., focusing on waste-to-energy gasification projects in Singapore. The joint venture will capitalize on Mursun’s expertise in waste management and recycling systems, with Enviro holding a 65% stake and Mursun 35%. This strategic move aims to enhance the Group’s presence in the eco-friendly energy sector.
For further insights into SG:1E3 stock, check out TipRanks’ Stock Analysis page.