Hotung Investment Holdings (SGX:BLS) said its investee, Boretech Resource Recovery Engineering (TPE:6887), began trading on the Taiwan Stock Exchange on Monday, according to a same-day filing on the Singapore Exchange.
Hotung invested in Boretech, a recycled polyester industry leader, in August 2022.
Founded in 2013, Boretech specializes in plastics recycling equipment, polyester staple fibers, and food-grade rPET products. It operates over 265 PET washing lines globally, with leading market positions in Japan and India.
Price (SGD): S$1.40, Change: S$-0.010, Percent Change: -0.71%