Moya Holdings Asia thirsty for more Indonesia acquisitions
Water company will be working towards greater efficiencies and savings from Acuatico takeover in the immediate future.
MOYA Holdings Asia has been waiting a long time for its moment in the sun. And now, after the acquisition of fellow Indonesian water company Acuatico, it believes it is well primed for further growth - and much more investor attention.
"Now all the elements are there," says its chief executive Simon Melhem in an interview with The Business Times. "We have a strong local shareholder. The market is there. Our track record is there. Our size is there. Our appetite for growth is there."
"We have demonstrated our ability to acquire and grow and fund the projects," he added. "Now people are starting to see that Moya can be the next big thing in water."
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Airbus net profit soars 28% in first quarter
Carrier AirAsia discloses new listing plans under RM6.8 billion units merger
Intel slides after tepid forecast spurs fears about comeback
Microsoft beats estimates as AI drives revenue
Crypto firm sues SEC to fend off oversight of Ethereum
Snap beats first-quarter expectations, shares jump 25%