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Environmental Solutions Group Holdings Limited annouNcements

  

Environmental Solutions Group Holdings Limited, Pioneer in Sustainable Circular Economy Solutions, Announces Signing of Definitive Agreement to Combine with Genesis Unicorn Capital Corp. (Nasdaq:GENQ)


Environmental Solutions Group Holdings Limited (“ESG”) and Genesis Unicorn Capital Limited (“GENQ”) Enter into a Merger Agreement

  • Combination values the combined company, to be renamed ESGL Holdings Limited, at an implied pro forma enterprise value of $161.25 million (assuming no redemptions in connection with the transaction)
  • ESG is a circular economy solutions pioneer in Singapore. ESG restores and regenerates industrial waste into sustainable circular products, in partnership with companies to achieve their sustainability goals
  • With operations in Singapore, we believe ESG will have a geographic coverage advantage for expanding into the ASEAN market as Singapore aims to be a leading regional center for developing new sustainability solutions as part of its 2050 Green Plan. The inception of the ASEAN circular economy framework should further accelerate cross border expansion opportunities
  • The combined company will be named ESGL Holdings Limited and will apply for listing on the Nasdaq under the ticker ESGL
  • ESG’s CEO and Chairman, Leng Chuang Quek, and the existing ESG management team to lead the combined company 


For Full Press Release

Click here

Copyright © 2022 Environmental Solutions Group Holdings Limited - All Rights Reserved.


Environmental Solutions (Asia) Pte Ltd is a subsidiary of Environmental Solutions Group Holdings Limited an exempted company in the Cayman Islands with company number 391635

the Registered Office address of the Company is at the offices of Appleby Global Services (Cayman) Limited, 71 Fort Street, PO Box 500, George Town, Grand Cayman, KY1-1106, cayman Islands

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