Following a correction period in February, DBS Group Research sees the Straits Time Index (STI) picking up in the coming months, in-line with a strong March-April seasonal trend as well as an improved outlook for banks and upcoming ex-dividend period. The STI has rebounded from a low of 2,870 in Feb...

Everbright Water has posted 23% growth in earnings of HK$1.02 billion ($174.3 million) for the FY2020 ended December, from earnings of HK$833.5 million a year ago. Group revenue for the year climbed 2% y-o-y to HK$5.66 billion, while gross profit grew 16% y-o-y to HK$2.20 billion. During the period,...

China Everbright Water has entered into a supplementary agreement with the Housing and Urban-Rural Development Bureau of Huaiyin District of Huai’an City, Jiangsu Province for the Huaiyin Eastern District Waste Water Treatment Project Phase II. The second phase of the project commands an investmen...

China Everbright Water says it has completed the issuance of the second tranche of medium term notes to institutional investors in the inter-bank bond market in mainland China. The second tranche has a principal amount of RMB1 billion ($204.8 million) and is issued by the company itself. The second ...

China Everbright Water’s indirect wholly-owned subsidiary, Beijing Everbright Water Investment Management, has successfully won the bidding in the public tendering held by Tianjin Property Rights Exchange to purchase a 65% stake in Tianjin Binhai New Area Huantang Sewage Treatment for RMB666.3 mil...

THE following companies saw new developments that may affect trading of their shares on Monday.

CHINA Everbright's indirect wholly owned subsidiary has won a public bid for the purchase of a 65 per cent equity interest in water treatment firm Tianjin Binhai New Area Huantang Sewage Treatment. The consideration for the purchase is 666.3 million yuan (S$136.4 million).

CHINA Everbright's indirect wholly owned subsidiary has won a public bid for the purchase of a 65 per cent equity interest in water treatment firm Tianjin Binhai New Area Huantang Sewage Treatment. The consideration for the purchase is 666.3 million yuan (S$136.4 million).

China Everbright Water has recently secured two waste water treatment projects for RMB122 million ($24.8 million). The first is a concession agreement with the People’s Government of Zhenglu County in relation to the Changzhou Zhenglu Waste Water Treatment Project (Zhenglu Project) Phase II. The s...

CHINA Everbright Water has obtained two wastewater treatment projects in China's Jiangsu province. The projects command a total investment of about 122 million yuan (S$24.8 million), the environmental protection company said on Monday.