SIIC Environment Holdings

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 Park in Taixin City, Jiangsu Province, China, by the indus

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.

Results

SIIC Environment sees 3Q earnings rise 17.2% to $22.6 mil on higher sales across all businesses

SINGAPORE (Nov 9): SIIC Environment Holdings, the water treatment and environmental protection company, reported 3Q earnings rose 17.2% to RMB110.2 million ($22.6 million) from RMB94.0 million a year ago.

SIIC Environment awarded two wastewater projects in China

SINGAPORE (Oct 20): SIIC Environment Holdings, the water treatment company, has won two Build-Operate-Transfer (BOT) wastewater projects in Jiangxi province, China.

China Focus

5 SGX-listed environmental plays to watch as China goes green

SINGAPORE (Oct 3): As environmental concerns increasingly come under the spotlight in recent years for China’s policymakers, the Singapore Exchange (SGX) believes the country’s businesses with a focus on environmental utilities are likely to play more

Broker's Calls

SIIC Environment kept at ‘buy’ on positive growth outlook

SINGAPORE (Aug 14): RHB is maintaining its “buy” call on SIIC Environment with a target price of 82 cents on the back of a positive growth outlook following the group’s 2Q17 results.

SIIC Environment announces contract win for wastewater project in China

SINGAPORE (Aug 8): SIIC Environment Holdings says its 92.15%-owned subsidiary, Fudan Water Engineering and Technology, has been awarded a build-operate-transfer (BOT) wastewater project by the Housing and Urban Development Bureau in Yuyao City, China, for

Results

SIIC Environment reports 42% rise in 4Q earnings to $35 mil

SINGAPORE (Feb 16): SIIC Environment Holdings posted a 42.3% rise in 4Q earnings to RMB170.3 million ($35.2 million) from a year ago as revenue more than doubled to RMB1.1 billion.

SIIC Environment completes 100% acquisition of CITIC Envirotech’s Heilongjiang wastewater operations

(Jan 25): SIIC Environment Holdings announced that its indirect subsidiary, Longjiang Environmental Protection Co., had completed its acquisition of 100% stake in CITIC Envirotech Water Resource (Hegang) Co. from CITIC Envirotech.
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