Sanli Environmental Limited, through its subsidiary Sanli M&E Engineering Pte Ltd, has been awarded its largest contract to date by the Land Transport Authority (LTA) of Singapore. The contract, valued at approximately S$281m, involves the supply and installation of electrical services for the Cross Island Line Phase 1 and the Punggol Extension. This project, in collaboration with China Railway Electrification Engineering Group Co., Ltd. (Singapore Branch), significantly elevates Sanli’s order book to a record S$614.9m.
The project is expected to positively impact Sanli’s net tangible assets and earnings per share over its five-year duration. Sanli’s CEO, Sim Hock Heng, expressed that securing this contract is a “defining milestone” in the company’s growth journey, highlighting the trust and confidence placed in Sanli by public sector clients. He added that the collaboration with China Railway will leverage both companies’ strengths and expertise to ensure the project’s timely and efficient completion.
Founded in 2006 and listed on the SGX-Catalist in 2017, Sanli specialises in water and waste management engineering. The company aims to continue pursuing large-scale projects that align with its growth strategy, further expanding its order book and delivering new value propositions to its customers.
