In Brief - Asia
- From: Vol 9, Issue 10 (October 2008)
- Category: Brief
- Region: Asia
- Country: Malaysia
- Related Companies: Bio-Treat Technology, Chongqing Water Group, Dayen Environmental, Energy Recovery Inc, ePure, HaloSource and IDE Technologies
* US-based private equity group Shah Capital Management has gradually been increasing its holding in Bio-Treat Technology, and currently owns 9.62% of the company.
Shah clearly saw the recent market downturn as a ‘buy’ opportunity, and has been gradually incrementing its stake ever since. It clearly believes in Bio- Treat’s business model, though it may have to give up some of its profits to sort out the mess left by the company’s convertible bond issue. Bio-Treat announced on 14 October that it ...
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
