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Leader Environmental Technologies to set up JV with Nanosun with total investment of $10 mil

Felicia Tan
Felicia Tan • 3 min read
Leader Environmental Technologies to set up JV with Nanosun with total investment of $10 mil
The investment in the JV is funded using the proceeds from Leader Environmental Tech’s rights issue and bank borrowings.
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Leader Environmental Technologies says it has entered into a joint venture (JV) agreement with Nanosun to set up high performance membrane manufacturing facilities in Singapore and China.

Leader Environmental Tech will own 60% of the JV. Nanosun will own the remaining 40%.

The total investment in the JV is said to be at $10 million.

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