for wastewater treatment plant projects in China. The three projects are expected to contribute positively to the mainboard-listed group’s performance, it said on Monday. SIIC’s wholly-owned subsidiary, Shenzhen City Nanfang Water signed two agreements with the Bureau of Water Resources of the Shenzhen municipality. Shares of SIIC Environment closed S$0.02 or 8 per cent higher at S$0.27 on Friday.
from OCBC Bank and DBS Bank respectively. A S$70 million green loan with OCBC will be exclusively used on green projects. Meanwhile, S$55 million in environmental performance-linked facilities signed with DBS Bank will be used to refinance some existing loans, and for general corporate purposes. The counter last traded on Nov 6 at S$0.205, up 0.5 Singapore cent or 2.5 per cent.in Malaysia into modern integrated marine engineering and construction facilities.
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