- In 1999, Colex acquired Integrated Property Management Pte Ltd (“IPM”) and with this acquisition, Colex’s activities were extended to include contract cleaning of commercial, industrial and residential buildings.
- On 2 December 2014, CEPL installed the Material Recovery Facility to sort out recyclable items from the municipal waste ...
Colex Holdings Ltd is a company which I think has strong financial fundamentals. However, the issue with this company is its narrative and future outlook / growth (as compared to other companies with exposure in overseas markets).
It is one of the waste management companies listed in the Singapore Exchange. Other waste management companies listed in Singapore Exchange include 800 SuperHoldings Limited (SGX: 5TG) and Sembcorp Industries Limited (SGX: U96). A fourth company, Veolia ES Singapore Pte Ltd, is not listed. SembWaste Pte Ltd is currently the largest solid waste management provider in Singapore.
I note the following from the Colex 2014 Annual Report:
