--- title: "SIIC Environment Issues Pro Forma Update and Corrects Currency Errors on Acquisition" type: "News" locale: "en" url: "https://longbridge.com/en/news/284743760.md" description: "SIIC Environment Holdings has issued a supplemental announcement regarding its acquisition of 100% equity interests in certain target companies. The company provided unaudited pro forma financial information to illustrate the potential impact of the acquisition on its financial position as of December 31, 2025. Additionally, clerical errors in a previous announcement were corrected, clarifying the presentation currency of net tangible assets and earnings per share, which should be in RMB instead of RMB’000 and RMB cents. SIIC Environment operates in the environmental services sector, focusing on water and wastewater treatment in mainland China." datetime: "2026-04-30T10:14:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284743760.md) - [en](https://longbridge.com/en/news/284743760.md) - [zh-HK](https://longbridge.com/zh-HK/news/284743760.md) --- # SIIC Environment Issues Pro Forma Update and Corrects Currency Errors on Acquisition ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks SIIC Environment Holdings ( (SG:BHK) ) has shared an update. SIIC Environment Holdings has issued a supplemental announcement related to its previously disclosed acquisition of 100% equity interests in certain target companies. The company has prepared unaudited pro forma financial information to illustrate the potential impact of the acquisition on its financial position as at 31 December 2025 and its 2025 statement of comprehensive income, using accounting policies consistent with its latest annual report. The group also clarified clerical errors in an earlier announcement regarding the presentation currency of net tangible assets, profit attributable to shareholders, net tangible assets per share, and earnings per share. These amounts should have been denominated in RMB instead of RMB’000, and the per-share figures in RMB instead of RMB cents, with the revised pro forma statement detailing adjusted cash, receivables, and concession assets following the acquisition and related consideration. **More about SIIC Environment Holdings** SIIC Environment Holdings Ltd. is a Singapore-incorporated company listed in Hong Kong and Singapore that operates in the environmental services sector. The group focuses on water and wastewater treatment and related infrastructure projects, generating revenue from concession arrangements and associated environmental services in mainland China and the region. ### Related Stocks - [BHK.SG](https://longbridge.com/en/quote/BHK.SG.md) - [00807.HK](https://longbridge.com/en/quote/00807.HK.md) ## Related News & Research - [SIIC Environment Sets 2026 AGM, Moves Further Toward Digital, Sustainable Communication](https://longbridge.com/en/news/280790861.md) - [Artivion Completes Acquisition of Endospan Ltd. | AORT Stock News](https://longbridge.com/en/news/286758893.md) - [How Leading Buy-Side Trading Desks Are Rethinking Execution Management](https://longbridge.com/en/news/286943904.md) - [Americans Have Spent $41 Billion Extra On Gas Since Iran War Began As Inflation Pressures Spread Across Economy](https://longbridge.com/en/news/286750219.md) - [Piyush Goyal asks industry to boost manufacturing to reduce imports](https://longbridge.com/en/news/286755269.md)