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SIIC unveils plans for use of funds from placement
It aims to expand waste-water treatment plants, complete M&A deals
Published Wed, Oct 23, 2013 · 10:00 PM
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MAINBOARD-LISTED SIIC Environment Holdings plans to use $260.2 million in net proceeds from a proposed share placement to help fund expansion of waste-water treatment plants and completion of two merger and acquisition (M&A) deals in Shanghai over the next six months.
Hong Kong-based SIIC will be the l…
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