ESGL Holdings Limited Ordinary Shares - $ESGL STOCK NEWS

ESGL Holdings Limited (NASDAQ: ESGL) has announced a multi-year agreement with Sentosa Clay Products Sdn Bhd to co-produce sustainable bricks using its circular product, NEWSPAR. The agreement will see the production of more than 10 million sustainable bricks annually, providing an alternative revenue stream for ESGL and promoting sustainable building solutions.

ESGL Holdings Limited (NASDAQ: ESGL) proudly announces the establishment of its subsidiary, ESG Chemicals Sdn Bhd, a Malaysian trading company. This initiative is integral to ESGL's vision for a sustainable future and marks a significant step in the Company’s expansion into the ASEAN region. ESG Chemicals Sdn Bhd will operate as a wholly-owned subsidiary of ESGL Holdings Limited, expanding the Company’s geographic reach in advancing circular economy solutions beyond Singapore. The Company is forming supply partnerships with strategic allies in Malaysia, developments that will be detailed in subsequent announcements. Quek Leng Chuang, Chairman and CEO of ESGL, emphasized the strategic importance of this expansion, stating, 'The incorporation of ESG Chemicals Sdn Bhd aligns with our commitment to enhancing shareholder value. This move brings us closer to our circular product off-takers and strengthens our fiscal strategy. Shifting part of our inventory and warehousing operations to Malaysia presents tangible benefits, including cost savings and more favorable exchange rates, directly impacting our bottom line.' This incorporation underscores ESGL's dedication to environmental sustainability and corporate responsibility. By establishing a robust presence in Malaysia, ESGL aims to capture emerging opportunities in the ASEAN market and cultivate partnerships that drive positive environmental impact.

Environmental Solutions Group Holdings Limited (ESGL) announces a multi-year contract renewal with Singapore Refining Company Private Limited (SRC) for used catalyst waste disposal services, demonstrating the company's commitment to circular economy solutions and long-term partnerships.

Environmental Solutions Group Holdings Limited (ESGL) Chairman and CEO, Mr. Leng Chuang Quek, has acquired 191,348 ordinary shares through negotiated private block trades at an average price of US$0.50 per share. This increases his ownership stake from 29.8% to 31.31%. Mr. Quek's confidence in the Company's prospects is evident as he plans for potential additional purchases in the near future.

Environmental Solutions Group Holdings Limited (NASDAQ: ESGL) received notification letters from Nasdaq stating that the minimum bid price per share was below $1.00 for 30 consecutive business days, and the Company's Minimum Market Value of Publicly Held Shares was less than $5,000,000 for the last 30 consecutive business days. Nasdaq provided the Company with 180 calendar days to regain compliance.

Environmental Solutions Group Holdings Limited (NASDAQ: ESGL) reported 1H revenues of $3.4 million, a 14.1% increase YoY. Gross margin expanded by 6.3% to 64.7%. Company updates 2023 guidance, expects positive Non-GAAP Adjusted EBITDA for the year.

Environmental Solutions Group Holdings Limited (NASDAQ: ESGL) has secured recertification for its manufacturing site in Singapore in accordance with the International Sustainability and Carbon Certification (ISCC PLUS) standard. The recertification allows ESGL to continue expanding its utilization of plastic waste feedstocks in its sustainable circular products portfolio, offering customers more products that contain renewable raw materials. This aligns with ESGL's commitment to supply chain transparency and greenhouse gas emissions reduction.

ESGL Holdings Limited announces registration for virtual analyst and investor day on September 6, 2023.

ESGL Holdings Limited announces doubling of G-2 Thermal System's capacity in waste management technology. Upgraded system can process 24,000 tons per annum, integrates sustainable technologies, and diversifies product range. Supports Singapore's net-zero goals. Potential for market expansion and partnerships.