China Everbright Water consortium seals 956m yuan deal

Singapore

A CONSORTIUM led by Singapore mainboard-listed China Everbright Water Ltd has entered into an agreement to embark on multiple projects worth a total of 956 million Chinese yuan (about S$195 million) in a prefecture-level city in central China.

The partnership agreement, inked with the Construction Bureau of the Suizhou Hi-Tech Industry Zone, involves the financing, designing, construction, operation, management and maintenance of projects in the city, said China Everbright Water in a Tuesday release after the close of the stock market. Suizhou is a nor…