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Sanli Environmental Ltd. ( (SG:1E3) ) just unveiled an announcement.
Sanli Environmental Limited has successfully completed a share placement of 33.3 million shares at S$0.12 each, raising S$4.0 million. The funds will be used for general working capital and to improve the company’s capital structure, with prominent investors like Lion Global Investors participating. This marks a significant milestone for Sanli, enhancing its financial flexibility and reinforcing its growth potential in the Asian environmental industry.
More about Sanli Environmental Ltd.
Sanli Environmental Limited is a company listed on the SGX-Catalist, operating in the environmental industry. The company focuses on Engineering, Procurement and Construction (EPC) projects, with a market focus on Asia’s environmental sector.
Average Trading Volume: 685,138
Technical Sentiment Signal: Buy
Current Market Cap: S$37.3M
See more insights into 1E3 stock on TipRanks’ Stock Analysis page.