SIIC Environment Details Assumptions Behind Valuation for 100% Acquisition

The latest announcement is out from SIIC Environment Holdings ( (SG:BHK) ).

SIIC Environment Holdings has provided further details on its previously announced plan to acquire 100% equity interests in certain target companies, clarifying that the valuation of the target group was derived using an income approach based on discounted cash flows. As this methodology constitutes a profit forecast under Hong Kong Listing Rules, the company disclosed the key basic and general assumptions underpinning the valuation, and reported that Deloitte & Touche LLP has reviewed the numerical accuracy of the cash flow calculations, with the board concluding the valuation was conducted after due and careful inquiry.

The valuation rests on assumptions including a going-concern basis, stable macroeconomic, regulatory and tax environments, consistent accounting policies and business models, and responsible, stable management at the appraised entities. By formally outlining these conditions and securing an independent accountant’s review, SIIC Environment aims to demonstrate compliance with disclosure requirements and provide investors with greater transparency on the transaction’s underlying projections and risk parameters.

More about SIIC Environment Holdings

SIIC Environment Holdings Ltd. is a Singapore-incorporated environmental services company listed in Hong Kong and Singapore. The group focuses on water and environmental infrastructure investments and operations, positioning itself within the broader environmental protection and utilities sector in Greater China and the region.

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