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Unity Group Holdings International Limited ( (HK:1539) ) has shared an announcement.
Unity Group Holdings International has secured a SGD 4.5 million energy-efficiency contract in Singapore with STRIDES Engineering, a state-owned arm of SMRT Corporation, to install nearly 60,000 energy-efficient ESG lighting units across facilities on the Circle Line mass transit network, including stations, depots, tunnels and other infrastructure. Over a 10-year period, the project is expected to deliver more than 127 million kWh in cumulative energy savings, cut over 51,000 tonnes of CO₂ emissions and generate estimated electricity cost savings of about SGD 39.96 million, potentially qualifying for carbon credits and enhancing both the Group’s recurring ESG-related revenue and its positioning in sustainable urban transport infrastructure solutions.
The most recent analyst rating on (HK:1539) stock is a Hold with a HK$0.26 price target. To see the full list of analyst forecasts on Unity Group Holdings International Limited stock, see the HK:1539 Stock Forecast page.
More about Unity Group Holdings International Limited
Unity Group Holdings International Limited is a Cayman Islands–incorporated company listed in Hong Kong that, through subsidiaries such as Unity ESG (Singapore) PTE. Ltd, provides energy-efficiency and ESG-focused solutions, including large-scale lighting upgrade projects, with a growing focus on infrastructure and transport assets in Asia.
Average Trading Volume: 1,367,611
Technical Sentiment Signal: Sell
Current Market Cap: HK$878.2M
For a thorough assessment of 1539 stock, go to TipRanks’ Stock Analysis page.