H2G Green answers shareholder, SIAS questions ahead of July 28 AGM

Reuters2026/07/22 22:07

By:Reuters

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H2G Green published Q&A ahead of the July 28, 2026 AGM, outlining a post-GEIH disposal pivot to LNG via GasHub.
Near-term revenue expected to be mostly from GasHub utility operations; trading and CCHP targeted to lift mid-to-longer-term growth.
Industrial LNG demand described as rising; 13 active customers; utility revenue CAGR about 56% from FY2023 to date.
Operational LNG assets cited at over 80% utilization across 600 cylinders and 3 trucks; profitability tied to recurring revenue exceeding fixed costs.
Customer pricing generally set at a fixed discount to Singapore’s regulated SP Tariff; procurement indexed to oil or gas benchmarks to pass through price moves.
GasHub targeted for positive EBITDA by FY2027; losses attributed to project revenue timing, with about SGD 2.6 million capitalized as construction in progress.
Further fundraising not ruled out for large deployments or M&A; management flagged SGD 4 million GEIH divestment proceeds and a May 2026 placement.
Board treated GasHub CEO Bentinck Ng as key management personnel; interim group leadership assigned to Executive Director Leow Sau Wan from June 1, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. H2G Green Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: BJJGBV7PDCOKE8R8) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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H2G Green answers shareholder, SIAS questions ahead of July 28 AGM

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