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Darco Water Technologies Ltd (DRWT.SI)

DRWT.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

Darco Water Technologies proposes placement of 5 mln new ordinary shares
Thursday, 26 Jan 2017 05:01am EST 

Darco Water Technologies Limited : Entered into a placement agreement with Stone Robert Alexander and Capital Boom Limited . To issue up to 5 million new ordinary shares in capital of company at a placement price of S$0.60 per share .Rationale for proposed placement is to raise funds for company to invest in public-private partnership water infrastructure projects.  Full Article

Darco Water Technologies says acquisition of 4-storey office building in Hubei province
Wednesday, 31 Aug 2016 05:55am EDT 

Darco Water Technologies Ltd : Proposed acquisition of 4-storey office building in Hubei province of people's republic of China) . Proposed acquisition is not expected to have a material impact on the earnings per share . Deal for a total consideration of RMB11.9 million . Unit Wuhan kaidi water services co., ltd acquired an office building in Hubei province of people's republic of China . Says the purchase consideration will be wholly satisfied in cash, which will be funded by internal resources . No person is proposed to be appointed as a director of company in connection with proposed acquisition . Says the board expects the proposed acquisition will be completed by December 2016. .  Full Article

Darco Water Technologies announces resignation of Tan Sze Leng as Chief Financial Officer
Tuesday, 31 May 2016 08:15am EDT 

Darco Water Technologies Ltd : A) resignation of CFO and group financial controller (b) appointment of financial controller) . Announces resignation of Tan Sze Leng as the Chief Financial Officer . Appointment of Teh Chun Sem as the financial controller in place of Tan and Yeoh .  Full Article

Darco Water Technologies secures S$11.5 mln contracts
Sunday, 15 May 2016 07:17pm EDT 

Darco Water Technologies Ltd : Darco secures s$11.5 mln contracts to treat complex wastewaters in China and Malaysia . Projects are expected to have a positive material impact on the revenue of the group for the financial year ending 31 December 2016. .  Full Article

Darco Water Technologies Ltd updates on acquisition of interest in Wuhan Kaidi Water Services
Tuesday, 11 Aug 2015 09:41am EDT 

Darco Water Technologies Ltd:Says proposed acquisition of 60% equity interest in the registered capital of Wuhan kaidi water services co., ltd.Says consideration for the purchase of the 60% equity interest shall be s$10.9 million.Consideration shall be satisfied by issue of new ordinary shares.Entered into sale and purchase agreement with Wuhan liankai investment co, Hong Kong meidi investments holdings and zhang zhengda.  Full Article

Darco Water Technologies Ltd to sell Darco Engineering (Taiwan)
Monday, 27 Jul 2015 06:27am EDT 

Darco Water Technologies Ltd:Entered into a sale and purchase agreement with Chonlin Environmental Corporation Ltd to sell the entire issued and paid-up capital of the company’s wholly owned subsidiary, Darco Engineering (Taiwan) Co., Ltd.  Full Article

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