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The latest announcement is out from Sanli Environmental Ltd. ( (SG:1E3) ).
Sanli Environmental Ltd. has announced that its subsidiary, Sanli M&E Engineering Pte. Ltd., has accepted a 20-year lease extension offer from Jurong Town Corporation for a property at 22 Chin Bee Drive, Singapore. The lease extension, which begins in 2035, requires the company to develop the property according to specific guidelines and invest at least S$1.94 million in new plant and machinery. This move is expected to provide stability and continuity to Sanli’s operations.
More about Sanli Environmental Ltd.
Sanli Environmental Ltd. is a company based in Singapore, operating in the environmental engineering industry. Its primary services include mechanical and electrical engineering solutions, focusing on water and waste management systems.
Average Trading Volume: 1,958,329
Technical Sentiment Signal: Buy
Current Market Cap: S$55.2M
For an in-depth examination of 1E3 stock, go to TipRanks’ Overview page.