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Verde Resources, Inc. announced that its Singapore subsidiary entered a non-binding Memorandum of Understanding with…
VRDRVerde Resources, Inc.
Verde Resources, Inc. announced that its Singapore subsidiary entered a non-binding Memorandum of Understanding with Highway International Pte. Ltd. to deploy and validate the company's engineered biochar carbon platform in Singapore. The parties plan an initial pilot project with Singapore’s Land Transport Authority to evaluate technical performance and commercial potential. Subject to successful validation, they intend to pursue an exclusive licensing arrangement for the technology in Singapore. This collaboration supports Verde's strategy to use Singapore as a regional launchpad for Asia-Pacific expansion. Verde Resources, Inc. operates in the sustainable infrastructure sector, specializing in biochar-based carbon sequestration technologies for road construction.