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BLR - Darco Water Technologies News Story

S$0.126 0.0  0.0%

Last Trade - 14/01/22

Sector
Utilities
Size
Micro Cap
Market Cap £6.46m
Enterprise Value £1.12m
Revenue £36.9m
Position in Universe 6026th / 6221

BRIEF-UOB Kay Hian Says Individual Buys 13.4 Mln Shares Of Darco Water Technologies

Tue 5th May, 2020 3:45pm
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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