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An announcement from Sanli Environmental Ltd. ( (SG:1E3) ) is now available.
Sanli Environmental Limited has launched its second series of unsecured 12‑month commercial paper, bearing an interest rate of 5.0% per annum, to be issued to accredited and institutional investors and listed on the ADDX Exchange. The company expects to raise between S$3.0 million and S$5.0 million under this tranche, with proceeds earmarked to support working capital for newly secured projects, including banker’s guarantees, project mobilisation, and other operational needs, underscoring its efforts to tap digital capital markets to fund ongoing growth and project execution.
More about Sanli Environmental Ltd.
Sanli Environmental Limited is an environmental engineering company that, together with its subsidiaries, provides water and environmental solutions, focusing on engineering, procurement, construction, and related services for public and private sector infrastructure projects.
Average Trading Volume: 3,284,664
Technical Sentiment Signal: Buy
Current Market Cap: S$109.5M
For detailed information about 1E3 stock, go to TipRanks’ Stock Analysis page.