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    BLR — Darco Water Technologies News Story

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    Brief: UOB Kay Hian Says Individual Buys 13.4 Mln Shares Of Darco Water Technologies

    Picture of Darco Water Technologies logoDarco Water Technologies
    05/05/2020 15:45
    May 5 (Reuters) - UOB Kay Hian Private Ltd :
    * OFFEROR, WANG ZHI, PURCHASED 13.4 MILLION SHARES OF DARCO
WATER
TECHNOLOGIES FROM WUHAN LIANKAI INVESTMENT
    * DEAL FOR S$2.3 MILLION
    * AFTER STAKE BUY, OFFEROR INTENDS TO MAKE A MANDATORY
CONDITIONAL
CASH OFFER FOR DARCO WATER TECHNOLOGIES
    * POST TRANSACTION, OFFEROR OWNS 43.77% OF TOTAL STAKE

Source text for Eikon:  ID:nSN9C16Js 
Further company coverage:  DRWT.SI 

 ((Reuters.Briefs@thomsonreuters.com;))

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