9 articles about "Boustead"
* Pakistan’s president Asif Zardari announced that private finance is among the sources of funds that will be courted in an effort to restart stalled infrastructure projects, including the Karachi Sewerage Plan.
You need to pay if you want to play in China’s current water market, writes Charles Bodhi.
The International Barges Company for Water Desalination has commenced operation of the first of its two separate 25,000m3/d barge-based desalination plants at the Red Sea port of Yanbu in Saudi Arabia.
The resurgence in Asian listed water stocks last year was supported by renewed access to capital. The new environment could encourage more companies to recycle capital by spinning out business trusts.
Having outperformed the market between 2004 and 2008, water stocks under-performed during 2009. Careful stock-picking enabled some investors to stay ahead of the market.
Boustead Holdings' plans for a renounceable rights issue of up to 260,412,729 new shares were approved at an EGM on 29 July.
After the dizzy highs of 2007, Asian water stocks haemorrhaged in 2008, showing the greatest regional decline. What are the chances for recovery in 2009?
Quoted water stocks reversed some of the losses they incurred last month, despite a profit warning from Veolia. Profitability challenges have put the company’s acquisition strategy on hold for the time being.
Asia was again the pick of the bunch last year as far as listed water stocks were concerned. Those with Chinese exposure continue to look like a good bet, says Frédéric Blanc-Brude.