Salcon in RM15.2m China deal
Page 1 of 1
Salcon in RM15.2m China deal
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
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics
» Best M&A Deal Salcon’s timely exit from China
» Salcon unlocks China investment
» Update Salcon sells China water concessions for RM518m, to gain RM94.6m
» Aug 28th - Stocks To Watch JCY Intl, Bumi Armada, KNM Group, Axiata, China Automobile Parts, IGB, Salcon, Kulim
» Here’s Why China’s Interest Rate Cut Is a Really Big Deal
» Salcon unlocks China investment
» Update Salcon sells China water concessions for RM518m, to gain RM94.6m
» Aug 28th - Stocks To Watch JCY Intl, Bumi Armada, KNM Group, Axiata, China Automobile Parts, IGB, Salcon, Kulim
» Here’s Why China’s Interest Rate Cut Is a Really Big Deal
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum