DELISTINGS
- From: Vol 11, Issue 8 (August 2010)
- Category: Need to know
- Region: Asia
- Country: China, Japan and Singapore
- Related Companies: Cascal, Hyflux, Hyflux Water Trust, Mitsui & Co. and SembCorp Utilities
Water asset holding companies seem to be losing favour on the public markets.
* Sembcorp’s acquistion of Cascal takes Cascal off the New York Stock Exchange, while Hyflux has arranged a deal with Mitsui to take Hyflux Water Trust private. There are two clear advantages of working with the Japanese trading house. One is that it gives Hyflux greater flexibility in raising and deploying finance than the publicly quoted Hyflux Water Trust vehicle ...
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