Asia Medical Enviro Frontline workers

Dymon Asia Private Equity exits Singapore's AMES via trade sale


Dymon Asia Private Equity has sold 100% of Singapore-based biohazardous waste disposal business Asia Medical Enviro Services (AMES) to Indonesia-listed coal miner TBS Energi Utama.

Financial terms were not disclosed. Dymon acquired AMES as a carve-out from Sembcorp in 2018, committing SGD 20m (USD 15m) from its second fund, which closed that year on USD 450m. The fund was mandated… (Click here to AVCJ Website)