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Yunnan Water Investment Co., Ltd. (06839) announced that its wholly-owned subsidiary Yunnan Water Hong Kong will acquire 97% equity of Pan-Asia International (Sishui) for approximately RMB 376 million. The target company holds a 51% stake in Hohhot Chunhua Jiawei Water Co., Ltd., which operates a water treatment plant with a capacity of 400,000 tons per day.
“收购事项对首次于内蒙古收购水厂设施而言非常重要,并为中国内蒙古环保行业中更多的业务机会担当门户角色。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.