General Announcement::News release: SGX welcomes Sanli Environmental Limited to Catalist

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
08-Jun-2017 09:44:19
Status
New
Announcement Sub Title
News release: SGX welcomes Sanli Environmental Limited to Catalist
Announcement Reference
SG170608OTHR09QA
Submitted By (Co./ Ind. Name)
Ho Lily
Designation
AVP, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed Sanli Environmental Limited to Catalist under the stock code "1E3".

Sanli Environmental Limited is a Singapore-based environmental engineering company with more than 10 years of experience in water and waste management. Its expertise includes the design, supply, delivery, installation, commissioning, maintenance, repair and overhaul of mechanical and electrical equipment, as well as instrumentation and control systems in wastewater treatment plants, water reclamation plants, NEWater plants, waterworks, service reservoirs, pumping stations and incineration plants.

Sim Hock Heng, CEO of Sanli, said, "Sanli's successful listing on the Singapore Exchange marks an important milestone for our Group and I would like to extend my heartfelt appreciation to all our shareholders for their support and confidence in Sanli. We believe that this listing will open up new opportunities for us by serving as a platform for Sanli to tap the capital markets to fund our future growth plans, as well as to build Sanli s brand in Singapore and the ASEAN region."

Mohamed Nasser Ismail, Head of Equity Capital Market (SME) and Head of Capital Market Development, SGX, said, "We are delighted to welcome the listing of Sanli Environmental Limited, an established water and waste management company that has played a part in ensuring sustainable and quality supply of water in Singapore. We look forward to supporting the company as it brings its expertise into Southeast Asia where there are significant opportunities in the water and waste management infrastructure business."

With a market capitalisation of more than $60 million, the listing of Sanli Environmental Limited brings the total number of companies listed on Catalist to 193, with a combined market capitalisation of more than $12 billion.

Sanli Environmental Limited opened at $0.40 today.


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Attachments

20170608_SGX_welcomes_Sanli_Environmental_Limited_to_Catalist.pdf
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