Shares & Derivatives
5E Resources Stock: 8 things investors should know about its IPO
By SmallCapAsia  •  May 9, 2022
On 29 April 2022, 5E Resources Ltd issued its IPO Prospectus and offered to the public an opportunity to subscribe its IPO shares at S$ 0.26 per share. Upon its listing, 5E Resources would lift its market capitalization to S$38.3 million. The period to subscribe its IPO shares would close on 10 May 2022. Here, I’ll summarize 8 key things to know about 5E Resources before investing in it.

#1 About 5E Resources

5E Resources was incorporated in 2006 and started its operations in 2008 with two plants: PLO 83 and PLO 317. In 2015, 5E Resources began operations of its third plant: PLO 738. In total, 5E Resources has 3 waste management plants operating in Johor, Malaysia. Since its commencement, 5E Resources had accumulated 34 Waste Codes out of 77 Waste Codes under the EQ (SW) Regulations in Malaysia. Hence, 5E Resources is allowed to work on the processing of a wide array of waste, which include waste oil, solid waste, waste coolant,...
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By SmallCapAsia
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