Environmental Solutions Group Holdings Limited (“ESG”) and Genesis Unicorn Capital Limited (“GENQ”) Enter into a Merger Agreement.
· ESG is a circular economy solutions pioneer in Singapore. ESG restores and regenerates industrial waste into sustainable circular products, in partnership with companies to achieve their sustainability goals
· With operations in Singapore, we believe ESG will have a geographic coverage advantage for expanding into the ASEAN market as Singapore aims to be a leading regional center for developing new sustainability solutions as part of its 2050 Green Plan. The inception of the ASEAN circular economy framework should further accelerate cross border expansion opportunities
· The combined company will be named ESGL Holdings Limited and will apply for listing on the Nasdaq under the ticker ESGL
· ESG’s CEO and Chairman, Leng Chuang Quek, and the existing ESG management team to lead the combined company
Dr. Adeoye Olukotun