SEPTEMBER 2014
Transactions
SIIC Environment Holdings placement of 1 billion ordinary shares
SIIC Environment Holdings Ltd. has on 8 July 2014 entered into a placement agreement with global investment banking firm, Jefferies Singapore Limited and Credit Suisse (Singapore) Limited pursuant to which the Joint Placement Agents have agreed, on a best effort basis, to procure subscribers for up to 1,000,000,000 ordinary shares to be offered by the Company, at the placement price of S$0.158 per Placement Share and on the terms and subject to the conditions of the Placement Agreement.
Legal advisor to SIIC Environment Holdings
SIIC Environment Holdings is an active investor in environmental infrastructure projects along the eastern coast of China. SIIC specializes in water treatment and management, water purification, water supply and waste water treatments. The scope of its business activities within the sector is far-reaching and includes the design, procurement, engineering and management of water related projects. LM
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SIIC Environment Holdings placement of 1 billion ordinary shares
This announcement appears as a matter of record only
Sisma Joint Ventures with Trumpf
TRUMPF has agreed on a joint venture in the additive manufacturing sector. The partner is Italy's biggest laser manufacturer SISMA S.p.A., which has a 45-percent stake in the new enterprise while TRUMPF has a 55-percent interest. Both partners are bringing expertise, human resources and capital to the joint venture. TRUMPF SISMA S.r.l. is based in Piovene Rocchette near Vicenza, Italy. There, TRUMPF and SISMA plan to co-develop latest-generation production systems for the 3D printing of metal components.
The technology known as 'additive manufacturing' enables any component to be built up directly from a 3D design program. The parts are created layer by layer from metallic powder, using the power of the laser. The technology has the potential of partially replacing methods such as milling or casting. The components are just as durable and long-lasting as their conventionally produced counterparts.
Several years ago SISMA did begin work on developing an additive manufacturing machine for the production of small metallic components - and the Italian company is bringing this expertise to the joint venture. With annual sales of 33 million Euro and around 1000 laser devices sold each year, SISMA is the biggest laser manufacturer in Italy. The company has around 160 employees and can look back on over 50 years of experience in precision mechanics and industrial automation. The target markets of the innovative laser and systems supplier are primarily jewelry, fashion, dental and industry. LM
This announcement appears as a matter of record only
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Sisma Joint Ventures with Trumpf
Legal advisor to Sisma:
Legal advisor to Trumpf:
SIIC Environment Holdings
Sisma
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