Indonesia's TBS Energi Utama buys Asia Medical Enviro from Dymon Asia Private Equity

29/08/2023

SINGAPORE : Indonesia’s TBS Energi Utama has acquired 100 per cent of Singapore’s largest biohazardous and medical waste treatment services firm Asia Medical Enviro Services from Dymon Asia Private Equity, according to a joint statement.

The deal value was not disclosed in the statement issued by the three companies late on Monday.

TBS Energi, which counts Singapore-registered Highland Strategic Holdings as its largest shareholder, operates in businesses comprising electricity, mining, plantation and renewable energy.