SG briefs: ComfortDelGro, SIIC Environment, A-Sonic Aerospace, Sunright

Trains at the Britomart Station in Auckland, New Zealand. Credit: ComfortDelGroTrains at the Britomart Station in Auckland, New Zealand. Credit: ComfortDelGro

Singapore company briefs on Monday, 17 January 2022: ComfortDelGro, SIIC Environment, A-Sonic Aerospace and Sunright.

ComfortDelGro

ComfortDelGro said Monday its 50:50 joint venture with UGL Rail Services, part of CIMIC Group, began operating the Auckland Rail Franchise (ARF) in New Zealand, with the transaction to take over the incumbent operator of ARF, Transdev Auckland, being completed on Sunday. 

In a filing to SGX, ComfortDelGro Chairman Lim Jit Poh said the company has also been shortlisted for two other rail tenders: One in Paris with French transport giant RATP Group to operate Lines 15, 16 and 17 of the Grand Paris Express, and the other with UGL and Australian rail infrastructure specialist Coleman Rail to operate the Sydney Metro Western
Sydney Airport line in Sydney. 

Read more: ComfortDelGro JV lands S$1.13B contract for Auckland rail franchise in first foray into NZ market

SIIC Environment Holdings

SIIC Environment Holdings said Monday it has landed five new projects in Heilongjiang, Henan and Jiangxi Provinces in China, including wastewater treatment, water supply and sludge treatment projects. In addition, a waste-water treatment plant in Ningxia commenced commercial operation, the company said in a filing to SGX. 

Read SIIC Environment Holdings’ filing to SGX.

A-Sonic Aerospace

A-Sonic Aerospace reported Sunday two directors have exercised a total 8.67 million bonus warrants, which were converted into new shares at S$0.08 each.

That was out of a total 14.62 million bonus warrants outstanding, which are exercisable from 15 January to 8 April, the company said in a filing to SGX.

On 14 January, the company’s share price was at S$0.605 at the close, the filing said.

Sunright Ltd.

Sunright Ltd. said Monday KESM Industries (Tianjin), or KTJ, which is a wholly owned subsidiary of KESM Industries, an associated company, was required to stop production as Chinese authorities implemented a partial lockdown in Tianjin to stem the spread of Covid-19.

KTJ, which is involved in semiconductor burn-in and testing, is uncertain how long the restrictions will last and impact can’t yet be quantified, Sunright said in a filing to SGX.