SIIC Environment (BHK) releases supplemental filing on RMB 270 m water assets takeover

SGX Filings
Apr 30

On Apr, 30 2026, SIIC Environment Holdings Ltd. (BHK) issued a supplemental announcement concerning its previously disclosed plan to acquire 100 per cent of a water-services target company in mainland China.

The filing provides unaudited pro-forma financial statements illustrating the transaction’s effect on the group’s balance sheet as at Dec, 31 2025 and on its income statement for the year then ended, as though the deal had been completed on Jan, 1 2025.

SIIC Environment confirmed that the cash consideration remains at RMB 270 million (about 50 million Singapore dollars), to be funded from internal resources. The group clarified typographical errors in its Mar, 30 2026 notice: figures for net tangible assets and profit attributable to shareholders are denominated in Renminbi, not thousands of Renminbi, while per-share figures are stated in Renminbi, not fen.

Reporting accountant Deloitte & Touche LLP issued an independent assurance report, concluding that the pro-forma financial information has been properly compiled in accordance with Hong Kong listing rules and is consistent with the group’s accounting policies.

The board currently comprises Chairman and Executive Director Zhou Yuding alongside Executive Directors Ji Guanglin, Wang Xiwang and Yang Xing, and Independent Non-Executive Directors Dr Pan Jianming, An Hongjun and Zhong Ming.

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