Sanli Environmental - Maybank Research 2025-10-17: Imminent New Order Wins & Catalyst; BUY On Weakness

• Sanli Environmental maintains a tender book valued between S$600m and S$800m. We are confident it will secure an additional S$200-300m in projects by the end of Nov’25, increasing its orderbook to ~S$500-600m.
• - Read this at SGinvestors.io -

Likely to win S$200-400m of tenders by Nov’25.

• Sanli Environmental is actively bidding for several projects, including the S$205m PUB Changi NEWater Facility 3. We anticipate tender results worth S$300- 500m to be announced by the end of Nov’25. These potential wins could significantly increase Sanli’s orderbook from S$333m to a range of S$600-800m.
• - Read this at SGinvestors.io -

1H26E was likely positive.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2026-01-22 Sanli Environmental - Catalysts Incoming; Opportunity To Accumulate.

Previous report by Maybank:
2025-11-16 Sanli Environmental - Expect Profit Boost From 2HFY26.

Price targets by other brokers at Sanli Environmental Target Prices.

Listing of research reports at Sanli Environmental Analyst Reports.

Relevant links:
Sanli Environmental Share Price History,
Sanli Environmental Announcements,
Sanli Environmental Dividend Payout Dates & Corporate Actions,
Sanli Environmental News