In Brief - Asia
- From: Vol 9, Issue 12 (December 2008)
- Category: Brief
- Region: Asia
- Country: China and Thailand
- Related Companies: Bio-Treat Technology, Ningxiang Water and Ranhill Utilities
* The Aqua Resources Fund intends to establish a joint venture with the Ranhill Group to invest in water and wastewater operations in China and Thailand.
Aqua will invest USD12.5 million for a 45% interest in Ranhill Water Technologies (Cayman), while the officers of Ranhill Utilities will pay USD880,000 for a 3.2% interest. The remaining 51.8% will be held by Ranhill Utilities, which will contribute its Ranhill Water Technologies business, as well as its operations in China and Thailand to RWT Cayman ...
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