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C52 - Comfortdelgro News Story

S$1.66 0.1  3.8%

Last Trade - 18/05/21

Sector
Industrials
Size
Mid Cap
Market Cap £1.91bn
Enterprise Value £2.13bn
Revenue £1.71bn
Position in Universe 593rd / 6103

BRIEF-Comfortdelgro Corporation To Pump S$50 Million In Clean Energy Technology Over 5 Years

Wed 17th March, 2021 1:11am
March 17 (Reuters) - Comfortdelgro Corporation Ltd
 CMDG.SI :
    * TO PUMP S$50 MILLION IN CLEAN ENERGY TECHNOLOGY OVER 5
YEARS
    * WILL INVEST ABOUT S$10 MILLION IN MOBILITY-FOCUSSED
CDG-NUS
SMART & SUSTAINABLE MOBILITY LIVING LAB
    * GROUP WILL ALSO SEEK TO INVEST ANOTHER S$40 MILLION TO
REPLACE
ITS FLEET OF DIESEL BUSES WITH ELECTRIC BUSES
    * TO WORK TOWARDS HAVING SCIENCE BASED TARGETS INITIATIVE
TARGETS
VALIDATED, APPROVED OVER NEXT 24 MONTHS

Source text for Eikon:  ID:nSNZ3hGdB8 
Further company coverage:  CMDG.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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