Advancer Global, Partners Complete Disposal of G3 Environmental

MT Newswires

2024-11-14

Advancer Global (SGX: 43Q) completed the disposal of its stake in associate company G3 Environmental, according to a Wednesday filing on the Singapore Exchange.

Advancer Global held a 20.1% stake in G3 Environmental via its subsidiary Advancer Global Facility. The other shareholders in the target were TEE International (SGX:M1Z) subsidiary TEE Infrastructure and Kenmoore Mezzanine Investments. The three partners agreed to sell G3 Environmental to Re Sustainability in August.

The SG$22 million transaction has concluded, with G3 Environmental no longer an associate of Advancer Global as of Nov. 13.

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The other shareholders in the target were TEE International (SGX:M1Z) subsidiary TEE Infrastructure and Kenmoore Mezzanine Investments. The three partners agreed to sell G3 Environmental to Re Sustainability in August.</p><p>The SG$22 million transaction has concluded, with G3 Environmental no longer an associate of Advancer Global as of Nov. 13.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SES.SI","symbol_name":"Shanaya","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2483862845","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483862845","pubTimestamp":1731543033,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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