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Chembond Chemicals Ltd Announces Termination Of Joint Venture Relationship With H2O Innovation Inc To Produce And Sell Water Treatment Systems

Friday, 24 May 2013 08:28am EDT 

Chembond Chemicals Ltd announced that its joint venture relationship with H2O Innovation Inc, Canada (H2O Innovation) to produce and sell water treatment systems has been terminated. H2O Innovation will sell its share (representing 49% of the issued shares) in H2O Innovation India Limited to Visan Holdings and Financial Services Pvt Ltd. H2O Innovation India Limited is a company formed by Chembond Chemicals Ltd and H2O Innovation Inc. 

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-0.05 -3.33%
23 Dec 2014