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SALCON BHD SALCON (8567)

0.420 -0.010 (-1.18 %)

High: 0.430     Low: 0.420     Vol: 1,693,600 Average Vol: 35,547

last updated: 1-Nov-2017 4:56 PM

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[SALCON] All about SALCON ..

Salcon is awarded Asiawater Management Excellence Award during the ASIAWATER 2010 Expo & Conference and the 2010 Malaysian Excellence Awards - Water Treatment Company of the Year by the renowned International Research Company, Frost and Sullivan. These two prominent awards serve to further emphasize its pivotal role in the water and wastewater industry.

Salcon won its eighth concession in China after acquiring 100% of Yizheng Rong Xing Wastewater Treatment Company Limited via its joint-venture (JV) company, Jiangsu Salcon Water & Environment Development Co. Ltd (JSWED).

To date, Salcon owns and operates 7 water and 2 wastewater concessions around China and Vietnam.

Salcon signed a Sales and Purchase Agreement with Emerging Markets Infrastructure Fund Pte Ltd (EMIF) to jointly invest, operate and manage the growing water and wastewater infrastructure sector in the People's Republic of China (PRC). The exercise involves disposal of 40% shareholdings in Salcon Water (Asia) Limited by Salcon to EMIF for a purchase consideration of RMB238.0 million.

SALCON ENGINEERING sb had on May 17, 2010 accepted an RM84.2m award from PERNGURUSAN ASET AIR for a project to design and build a Water Treatment Plant to provide an alternative water supply to KLIA. The work is divided into 2 stages, and fully completed within 18 months.

SALCON AWARDED RM52M WATER TREATMENT & RESERVOIR UPGRADING PROJECT IN KELANTAN SALCON reported Nov 9, 2010 that 100%-owned, SALCON ENGINEERING had been awarded a contract from AIR KELANTAN sb for the refurbishment and upgrading of water treatment plants and reservoir at the Pintu Geng Water Treatment plant for RM52.4m. The contract is for 20 months.

http://www.salcon.com.my/investor-stock.html

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