Thames beats a retreat in China
- From: Vol 5, Issue 5 (May 2004)
- Category: General
- Region: Asia
- Country: China
- Related Companies: Hong Lim Investments, Hongkong Land, Kadoorie, Shanghai Waterworks Shibei Co, Sime Darby and Thames Water
The French may be pressing ahead in China, but German-owned Thames is on the way out. Peter Chan reports from Hong Kong.
Thames Water’s exit from the Asia Pacific region is continuing apace, with the sale of its 100% interest in Shanghai’s Da Chang water treatment plant back to the municipality of Shanghai and the company’s withdrawal from negotiations to acquire an interest in Shanghai Waterworks Shibei Co.
Thames announced in March that it was reviewing the activities of ...
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