United Envirotech
United Envirotech, Ltd. (UE;[1] UEL)[2] is a company focused on environmental engineering and consulting.[1] Founded in 2003 by Lin Yucheng and Goh Ching Wah,[1] the company went public in 2004 and has been listed on the Singapore stock exchange (UENV) and traded in the United States and Germany.[3][4] In 2014 and 2015, news reports indicated that investment firms CITIC Group and Kohlberg Kravis Roberts were jointly seeking to acquire a controlling interest in the company through a newly created joint venture company, tentatively named "CKM".[5][6] OwnershipAs of 2015[update], investment company Kohlberg Kravis Roberts owned about 30% of the company based on stock holdings.[6] As of 2023[update], its website stated that its major shareholders were CITIC Environment Investment Co Ltd, and China Reform Fund Envirotech Co., Ltd.[7] Corporate governanceAs of 2015, the chairman and chief executive officer of the company was co-founder Lin Yucheng.[2] According to its website in 2023, its executive chairman was Sun Lei.[8] FacilitiesIn 2015, UEL was reported to be constructing a 100,000 litre/day capacity industrial wastewater treatment facility to serve (and with investment from) a petrochemical industrial park situated at the start of the West–East Gas Pipeline in Luntai County, Xinjiang, China.[2] References
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