THE GULF OF SINGAPORE
- From: Vol 11, Issue 1 (January 2010)
- Category: Need to know
- Region: Asia
- Country: Singapore
- Related Companies: Bushnak Group, Dayen Environmental, Gulf One Investment Bank, Hyflux, Istithmar, Moya and Palm Water
* Moya, the Saudi-Bahraini specialist water investment vehicle set up last year by Gulf One Investment Bank and the Bushnak Group, has made its first acquisition outside the Gulf region.
It has bought 51% of Dayen Environmental, a wastewater treatment specialist with a slightly soiled share price (see story p31). Together with Moya Bushnak, which specialises in desalination plants, Dayen is looking to become a significant player in the Gulf water business, both as a plant supplier and a plant owner.
* As one Singpore-Gulf relationship begins, another comes to an ...
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