Details of the Contract and Strategic Implications
The Changi NEWater Factory 3 project, awarded by PUB, underscores Sanli’s strength and reputation in delivering large-scale water and environmental infrastructure solutions. The contract duration of 24 months ensures extended revenue visibility and operational stability for the Group.
Adding to this momentum, Sanli’s recent S\$281 million contract from LTA in October 2025 represents its largest single win to date, reflecting increased confidence in the company’s capabilities and execution track record. These consecutive project wins highlight Sanli’s growing presence and competitiveness in Singapore’s environmental engineering sector.
Management Commentary
Mr. Sim Hock Heng, Chief Executive Officer and Executive Director of Sanli, commented, “Building on the momentum of a recent contract win from LTA, we believe that the latest project win reflects the confidence in our capabilities, disciplined execution, and the enduring trust we have built for nearly 20 years. Each project we secure not only adds to our order book but also contributes to a more resilient and diversified order book, enhancing visibility and supporting sustainable growth ahead. As water and environmental sustainability continue to be key priorities in Singapore, we will continue to build on this momentum to support our public sector clients in delivering large-scale water and environmental infrastructure solutions on a timely basis.”
Company Overview & Strategic Positioning
Sanli Environmental Limited, established in 2006 and listed on SGX-Catalist in 2017, specialises in water and waste management engineering. The company’s core expertise spans design, supply, installation, commissioning, maintenance, and overhaul of mechanical and electrical systems, as well as process, instrumentation, and control systems for facilities such as wastewater treatment plants, water reclamation plants, NEWater plants, service reservoirs, pumping stations, and incineration plants.
Leveraging its established track record, Sanli is advancing a diversification strategy aimed at building multiple revenue streams, enhancing business resiliency, and exploiting new opportunities within the regional environmental industry. The company’s strong engineering capabilities allow for integrated, customised, and cost-efficient solutions.
Potential Share Price Impact
Price-sensitive factors:
- The award of a S\$205 million contract from PUB and the recent S\$281 million LTA contract has propelled Sanli’s order book to a record S\$838.7 million.
- The sizable and sustained order book increases revenue visibility and underpins future earnings, which could positively influence investor sentiment and the company’s share price.
- Management’s guidance of a positive impact on net tangible assets and earnings per share throughout the project duration adds to the potential for upward share price movement.
Investors should closely monitor Sanli’s execution of these projects, as successful delivery could further enhance the company’s reputation and financial performance.
Contact and Further Information
Disclaimer
This article is intended for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Investors should conduct their own due diligence and consult with professional advisors before making investment decisions. The information presented is based on the latest company media release and may be subject to change. The Singapore Exchange Securities Trading Limited (“SGX-ST”) assumes no responsibility for the accuracy of the contents.
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