ASIA WATER NEWS IN BRIEF
- From: Vol 12, Issue 3 (March 2011)
- Category: Brief
- Region: Asia
- Country: China, India, Japan, Singapore and Vietnam
- Related Companies: Asian Development Bank , Black & Veatch, Chengdu Xingrong Group, Clean Water Investment, Environment Ministry, Hitachi Zosen, Membrane Instruments and Technology (MINT) Pte Ltd., Nanostart AG, Public Utilities Board, Saigon Water Corporation and Sinomem Technology
* Sinomem shares shot up 28% on 5th March following news of a takeover bid from Clean Water Investment, an offshore investment vehicle of Chinese private equity firm CDH.
Clean Water is offering S$0.70 per share, valuing the company’s equity at S$351.25 million ($276.8 million). The PE firm plans to take Sinomem private, possibly with a view to relisting in Hong Kong.
* Singapore’s PUB has announced plans to expand the Changi Water Reclamation Plant by 60,000m3/d, which involves retrofitting an ...
Subscription required
To read this full article you must be subscribed to Global Water Intelligence.
Subscribe Now, Sign up for a Free Trial or Log In
