H2G Green sells P5 assets to focus on energy unit
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H2G Green Limited's P5 Pte. Ltd. has agreed to sell certain assets to focus on its energy business, signing a memorandum of understanding with Molteni Group S.p.A. The sale includes equipment, furniture, and inventory, marking a significant milestone in H2G's transformation. The energy segment's revenue nearly doubled from $2.9 million to $5.7 million for the financial years ending March 2024 and 2025, respectively. The transaction completion is subject to due diligence and agreements by December 1, 2025.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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