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Sanli Environmental Completes Utilization of Placement Proceeds

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Sanli Environmental Completes Utilization of Placement Proceeds

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Sanli Environmental Ltd. ( (SG:1E3) ) just unveiled an announcement.

Sanli Environmental Limited announced that the net proceeds from the placement of 33,333,333 new ordinary shares have been fully utilized. The funds, amounting to S$3,907,000, were allocated for general working capital purposes, including settling trade and other payables related to ongoing EPC projects, aligning with the company’s prior disclosures.

More about Sanli Environmental Ltd.

Sanli Environmental Limited is a company based in Singapore, operating in the environmental sector. The company focuses on providing engineering, procurement, and construction (EPC) services, particularly in the execution of major projects.

Average Trading Volume: 5,525,121

Technical Sentiment Signal: Buy

Current Market Cap: S$96.98M

Find detailed analytics on 1E3 stock on TipRanks’ Stock Analysis page.

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