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TEE International JV to acquire waste management provider for S$18.5m

Published Mon, Nov 20, 2017 · 09:50 PM

Singapore

MAINBOARD-LISTED TEE International Limited (TEE), Catalist-listed Advancer Global Limited and a financial investor are acquiring privately held waste management provider Chiang Kiong Environmental for S$18.5 million.

The amount will be paid by the shareholders of the joint venture vehicle in proportion to their shareholding. The proposed acquisition is expected …

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