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EnGro Corporation Limited (S44.SI)
- The Edge Singapore
Chinese state pressure forces EnGro's disposal of entire stake in Qingdao Evergreen
All CITIC subsidiaries, including EnGro's former JV partner Qingdao Special Steel, are required to terminate their JV agreements.
- Simply Wall St.
EnGro Full Year 2023 Earnings: S$0.053 loss per share (vs S$0.014 loss in FY 2022)
EnGro ( SGX:S44 ) Full Year 2023 Results Key Financial Results Revenue: S$162.1m (up 20% from FY 2022). Net loss...
- Reuters
Pakistan's Liberty confident its $125 mln bet on troubled power sector will reap reward
Pakistan's Liberty Power Holding, which this week signed a deal to buy the thermal energy assets of the country's largest conglomerate for $125 million, is banking on its coal reserves and reforms laid out by the IMF for its investment to pay off. Liberty Power entered into an agreement with a subsidiary of conglomerate Engro Corp to buy all its thermal assets, including Pakistan’s leading coal producer, Sindh Engro Coal Mining Company. The deal is among the biggest in recent times in Pakistan's power sector, which has remained in crisis for years due to unpaid debts and chronic technical issues.
