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Salcon in RM15.2m China deal
by hlk Wed 08 May 2013, 08:30
KUALA LUMPUR: Salcon Bhd has announced a RM15.249 million asset acquisition pact with the Water Bureau of Yizheng City (WYBC) in China.
The deal involves Yizheng Salcon Wastewater Treatment Company Ltd (YSWWT) and the Water Bureau of Yizheng City (WBYC).
YSWWT
is a wholly-owned subsidiary of Jiangsu Salcon Water &
Environmental Development Company Ltd. The latter is a 66.67 per cent
owned subsidiary of Salcon Jiangsu (HK) Ltd, which in turn is a
wholly-owned subsidiary of Salcon.
The agreement is to acquire assets from WYBC for the second phase of the Yizheng City wastewater treatment plant project. Bernama
The deal involves Yizheng Salcon Wastewater Treatment Company Ltd (YSWWT) and the Water Bureau of Yizheng City (WBYC).
YSWWT
is a wholly-owned subsidiary of Jiangsu Salcon Water &
Environmental Development Company Ltd. The latter is a 66.67 per cent
owned subsidiary of Salcon Jiangsu (HK) Ltd, which in turn is a
wholly-owned subsidiary of Salcon.
The agreement is to acquire assets from WYBC for the second phase of the Yizheng City wastewater treatment plant project. Bernama
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