PROJECT

Projects

Summary of Investment Information

Project Number

43238

Company Name

Shandong Weigao Group Medical Polymer Co., Ltd.

Date SPI Disclosed

Dec 18, 2019

Country

China

Region

East Asia and the Pacific

Projected Board Date

Mar 15, 2020

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jun 12, 2021

Department

Regional Industry - MAS Asia & Pac

Industry

Health, Education and Life Sciences

Previous Events

Approved : Mar 31, 2020
Signed : Mar 31, 2020
Invested : Jun 30, 2020

Sector

other

Project Description

Shandong Weigao Group Medical Polymer Company Limited (“Weigao”, or the “Company”), a Chinese medical consumable company listed on the Hong Kong Stock Exchange, is planning to invest in (1) several green capital expenditure projects along its manufacturing process, which will include energy and water efficiency as well as pollution reduction measures, and (2) its consumable medical device business (the “Project”).                                                                     

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation