OVERSEAS CHINESE
- From: Vol 6, Issue 6 (June 2005)
- Category: Need to know
- Region: Asia
- Country:
- Related Companies: Asian Utilities, Bio-Treat Technology, Gadang, Hyflux, Interchina Holdings, Ranhill Utilities, United Envirotech and Youlian Group
Two other Singapore-listed water companies based in China also performed strongly this month: United Envirotech’s shares were set to rise on news that profits were up 28% year-on-year, while Bio-Treat Technology’s shares attracted investors thanks to two BOT wastewater deals secured in Jiangsu province in March and April. The star performer of Singapore’s water sector is Hyflux. Has it peaked? Read the report on p10.
Hong Kong-based Interchina Holdings is continuing its spending spree after the acquisition of the Youlian Group last month. It has announced a deal to build two wastewater treatment plans in Zhouzhou City, Hebei province, through its subsidiary Interchina Water Treatment Ltd. The company will invest US$15 million in the 25-year BOT project.
Malaysian water companies continue their penetration of ...
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