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A52 AnnAik News Story

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Brief: Annaik says unit entered into a built-operate transfer project

Nov 15 (Reuters) - Annaik Limited  AAIK.SI : 
    * Total investment for project is estimated to be rmb10 mln 
    * Contracted unit price is rmb1.50 per mt of treated water 
    * Project with municipal government of Lijiaxiang 
    * Investment in project not expected to have any material 
impact on eps of group for financial year ending 31 dec 
    * Group's investment in project will be funded by internal 
resources and bank borrowings 
    * Unit Changxing Hengyi Wastewater Treatment Co., entered 
into a built-operate transfer project 
    * Hengyi has been awarded service concession rights to 
construct and operate a wastewater treatment plant in Lijiaxiang 
town 
 
Source text for Eikon:  ID:nSNc9TB4y  
Further company coverage:  AAIK.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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