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Welcome to Ministry of Wealth and Gifts for your loved ones!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Tuesday, 11 January 2011

Hyflux to invest US$45m in 3 BOT projects in Chongqing, China

By ANGELA TAN


Hyflux Ltd said on Tuesday that it will invest about US$45 million in three Build-Own-Transfer (BOT) projects at the Hechuan Industrial Park in Chongqing City, China.

The move comes after Hyflux's subsidiaries have signed three concession agreements with the People's Government of Chongqing City, Hechuan District to develop three water projects at the Hechuan Industrial Park in Chongqing City, China.

Hyflux will fund the investments through internal resources.

Hyflux through its subsidiary in China will operate and maintain the plants over the concession periods of 30 years.
Posted by Createwealth8888 at 19:16
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