Sanli Environmental Limited updates utilisation of placement proceeds
SGX Filings
Yesterday
Sanli Environmental Limited announced an update on the use of net proceeds from its earlier placement of 38.49 million new shares.
The company had earmarked 9.589 million Singapore dollars for general working capital, including funding ongoing engineering, procurement and construction projects. As of Feb, 13 2026, about 4.589 million Singapore dollars have been deployed mainly to settle trade and other payables to suppliers and subcontractors, leaving a balance of 5 million Singapore dollars.
Sanli Environmental said it will continue to provide periodic disclosures when the remaining funds are materially disbursed.
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