Darco Water selling full stake in Taiwan unit, buying 12% in China firm
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Singapore
DARCO Water Technologies, a water treatment firm, on Friday said it would sell its full 60 per cent equity interest in its Taiwanese medical water processing unit Darco Youli for S$2.62 million.
Darco Youli's competitor has a sizeable market share in the medical waste business in Taiwan, and has recently obtained approval from the authorities to approximately double its current capacity.
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