Sanli Environmental Limited Completes S\$10 Million Share Placement

Key Highlights for Investors

• Sanli Environmental Limited has successfully completed a placement of 38,492,404 new ordinary shares at a price of S\$0.260 per share.
• Total proceeds: The placement raised approximately S\$10.0 million for the company.
• The new shares will be listed on the Catalist board of the Singapore Exchange (SGX-ST) around 2 December 2025, from 9:00 a.m. onwards.
• Post-placement share capital: The Company’s total issued and paid-up share capital (excluding 83,550 treasury shares) will increase from 301,907,596 to 340,400,000 shares.
• The placement was conducted through SAC Capital Private Limited (Placement Agent) and Maybank Securities Pte. Ltd. (Sub-Placement Agent).

Details of the Share Placement

Sanli Environmental Limited’s board announced the completion of the proposed placement of up to 38,492,404 new ordinary shares. The placement price was set at S\$0.260 per share, which represents a significant fund-raising exercise and may have implications for both existing and prospective investors.

The placement was conducted in accordance with the terms and conditions specified in the Placement Agreement. The shares have been issued and allotted to various subscribers, free from all claims, pledges, mortgages, charges, liens, and encumbrances, and will rank pari passu with the existing shares. However, these new shares will not be entitled to any dividends, rights, allotments, or other distributions where the record date falls on or before the date of their allotment and issue.

Important Information for Shareholders

• Dilution of shareholding: The issuance of 38,492,404 new shares will dilute the holdings of existing shareholders, as the total number of shares in issue will rise from 301,907,596 to 340,400,000. This dilution could potentially impact share value and voting power.
• Potential share price impact: The placement price of S\$0.260 may set a near-term market benchmark for the shares. Investors should monitor the trading price post-listing of the new shares, as increased supply may affect pricing.
• Use of proceeds: While the announcement does not specify the use of proceeds from the placement, such capital raisings are typically intended to support business expansion, working capital, or strategic investments. Investors may wish to seek further updates from management regarding the intended deployment of these funds.
• Listing of new shares: The new placement shares are expected to start trading on or around 2 December 2025, which is a key date for monitoring trading activity and price movement.

Other Noteworthy Points

• The placement agents involved in this exercise are reputable institutions: SAC Capital Private Limited and Maybank Securities Pte. Ltd.
• This announcement has been reviewed by the Company’s Sponsor, but not by SGX-ST itself, which does not take responsibility for the content.

Conclusion

The successful completion of this S\$10 million share placement is a significant development for Sanli Environmental Limited. Investors should take note of the potential dilution and monitor how the company utilizes the new capital to drive growth and create shareholder value. The listing of new shares could also influence short-term price movements, making this a potentially price-sensitive event.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research or consult with a qualified financial advisor before making any investment decisions. The Singapore Exchange Securities Trading Limited (SGX-ST) assumes no responsibility for the contents of this announcement.

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