, Singapore
286 views

Beijing Capital considering sale of Singapore waste recycling unit

Sources say the state-owned Chinese firm is in talks with advisers about the potential divestment.

Beijing Capital Group is considering selling its waste management business, ECO Special Waste Management, in Singapore for as much as US$500m, according to people familiar with the matter.

The company is also exploring the sale of a New Zealand-based unit, Beijing Capital Waste Management NZ, Bloomberg News reported in August.

Beijing Capital could decide against selling the business, the sources added. A representative for Beijing Capital did not immediately respond to Bloomberg's requests for comment by phone and email.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!