Beijing Capital mulling over $500m sale of its waste recycling unit in Singapore

  • 11/25/2021
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LONDON: Beijing Capital Group Co. is studying the sale of its waste management business in Singapore for $500 million, sources told Bloomberg. BCG is in talks with advisers about working on the possible liquidation of ECO Special Waste Management Pte, the sources said. The Chinese state-owned company may decide not to sell the business, the sources added. A representative of Beijing Capital didn’t immediately respond to requests for comment, Bloomberg reported.

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