SIIC Environment Holdings

Contracts

SIIC Environment incorporates wholly-owned subsidiary with registered capital of $3.9 mil, secures O&M agreement for $0.4 mil

SINGAPORE (June 18): SIIC Environment Holdings’ indirect-owned subsidiary Longjiang Environmental Protection Group Co, which it has a 58.0% stake in, has incorporated a wholly-owned subsidiary for

Joint ventures and alliances

SIIC Environment in $21.1 mil joint venture to build Shandong WTE facility

SINGAPORE (Mar 19): SIIC Environment Holdings is establishing a RMB105 million ($21.1 million) joint venture (JV) company, Shen County SIIC Environmental Energy, to construct and operate a waste-to

Contracts

SIIC Environment secures $120 mil WTE concession agreement in Shandong province

SINGAPORE (Jan 18): SIIC Environment Holdings announced that its 92.15%-owned subsidiary, Shanghai Fudan Water Engineering Technology, has signed a build-operate-transfer (BOT) service concession a

M&A

SIIC Environment wins $11 mil wastewater recycling project in Heilongjiang

SINGAPORE (Dec 12): SIIC Environment won a new wastewater treatment project with a total investment value of RMB54.6 million ($10.9 million) in Xinglong town, Bayan county, Heilongjiang province, C

Results

SIIC Environment reports 3.7% rise in 3Q earnings to $22.7 mil despite lower revenue

SINGAPORE (Nov 14): SIIC Environment Holdings, the China-based water treatment and environmental protection company, announced 3Q18 earnings of RMB114.3 million ($22.7 million), up 3.7% from a year

Results

SIIC Environment posts 28.2% increase in 2Q earnings to $30.7 mil

SINGAPORE (Aug 14): SIIC Environment recorded 2Q18 earnings of RMB 153.7 million ($30.7 million), a 28.2% increase compared to RMB 119.9 million in 2Q17.

Results

SIIC Environment posts 15.2% drop in 1Q earnings to $21.5 mil on one-off listing expenses

SINGAPORE (May 14): SIIC Environment Holdings saw its earnings fall 15.2% to RMB 101.9 million for the 1Q ended March, from RMB 120.1 million a year ago.

SIIC Environment subsidiary awarded BOT wastewater project in Jiangsu

SINGAPORE (Dec 13): Nanfang Water, a 91.2%-owned subsidiary of SIIC Environment Holdings, has been awarded a build-operate-transfer (BOT) contract for a wastewater project at HuangQiao Industrial P

M&A

SIIC Environment acquire two Dalian wastewater treatment projects for $42 mil

SINGAPORE (Nov 30): SIIC Environment Holdings is acquiring two water treatment companies based in Dalian, China, for a total consideration of RMB 205.48 million ($41.9 million).

Broker's Calls

SIIC Environment downgraded on disappointing 3Q results

SINGAPORE (Nov 10): RHB Research is downgrading its call on SIIC Environment Holdings to “neutral” from “buy” with a  lower target price of 54 cents from 82 cents previously.

Be informed of the stories that matter