Mooreast Expands into Northeast Asia with Taiwan Sales Office Debut

MT Newswires06-27

Mooreast (SGX:1V3) opened its inaugural Northeast Asian sales office in Taiwan on Wednesday, a same-day company filing confirmed.

The company aims to support Taiwan's transition to floating wind farms.

Mooreast, known for its ultra-high power anchors, plans to collaborate with local partners to offer engineering, procurement, construction, and installation services for floating energy projects.

Alongside the Taiwan expansion, Mooreast recently announced plans to expand its production capacity in Singapore and secured financing to support its growth strategy in the global floating offshore renewable energy sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment