Brief: Darco Water Technologies proposes acquisition of stake in Wuhan Kaidi Water Services Co
16/06/2017 10:58
June 16 (Reuters) - Darco Water Technologies Ltd DRWT.SI
* Proposed acquisition of 12% equity interest in registered
capital of Wuhan Kaidi Water Services Co.
* Entered into a conditional sale and purchase agreement
with Hong Kong Meidi Investments Holdings Co., Ltd
* Consideration for purchase of 12% equity interest shall be
s$1.9 million
* Deal in respect of proposed acquisition by company of 12%
of total equity interest in registered capital of wuhan kaidi
water services
Source text for Eikon: ID:nSNZ6mZgwM
Further company coverage: DRWT.SI
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