SUBSCRIBERS
Hyflux unit to hold stake in China water projects
Published Wed, Jul 1, 2015 · 09:50 PM
SINGAPORE'S water and environmental solutions company Hyflux on Wednesday said that its wholly owned subsidiary, Hyflux Capital (Singapore), has entered into a shareholders' agreement with Tuspark Technology Services Investment (Tuspark TSI) to set up an investment holding company.
Hyflux Capital (Singapore) will have a 25 per cent shareholding interest in the investment holding company, which will hold strategic investments in water projects in China, Hyflux said in a statement.
Tuspark TSI is a subsidiary of TUS-Holdings Co Ltd, the former Tsinghua University Science Park (TusPark) Development Center founded in August 1994.
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