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Sanli Environmental launches offering with Vanda 1 as pre-IPO investor

Wednesday, May 31, 2017 - 05:50

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From left: Sanli CEO Sim Hock Heng and executive directors Lee Tien Chiat, Pek Kian Boon and Kew Boon Kee. The environmental engineering company is offering 52 million new shares at an issue price of 22.5 Singapore cents each.

Singapore

BIDDING for bigger contracts and tapping into overseas markets are on the cards for Sanli Environmental Limited, which on Tuesday announced the launch of its initial public offering (IPO) on the Singapore Exchange's Catalist board.

The environmental engineering company is

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