Key Developments: United Envirotech Ltd (UNIT.SI)

UNIT.SI on Stock Exchange of Singapore

1.62SGD
28 Nov 2014
Price Change (% chg)

$-0.00 (-0.31%)
Prev Close
$1.62
Open
$1.62
Day's High
$1.62
Day's Low
$1.62
Volume
1,048,000
Avg. Vol
4,303,381
52-wk High
$1.63
52-wk Low
$0.69

Search Stocks

Latest Key Developments (Source: Significant Developments)

United Envirotech Ltd signs agreement with Beijing Drainage Group Co. Ltd's subsidiary
Monday, 24 Nov 2014 04:27am EST 

United Envirotech Ltd:Says it signed an agreement with Beijing Drainage Equipment Co. Ltd (BDE), a subsidiary of Beijing Drainage Group Co. Ltd (BDG) to set up a 49 pct:51 pct joint venture (JV) company with a total paid up capital of 48 mln yuan (S$9.6 mln) in Beijing.Says JV will invest 120 mln yuan (S$24 mln) to set up a new state of art manufacturing facility with an initial capacity of assembling 2 million square meter (m2 ) of membrane fibers into membrane modules.Says Memstar Pte Ltd, UEL’s subsidiary, will sell membrane fibers produced in its Singapore plant to the JV.Says the construction of the new manufacturing facility is expected to commence immediately.  Full Article

United Envirotech Ltd to set up joint venture company with Chengdu Xingrong Investment Co Ltd
Friday, 10 Oct 2014 05:14am EDT 

United Envirotech Ltd:Signed a framework agreement with Chengdu Xingrong Investment Co Ltd (XRTZ or the Xingrong Group) to set up a 49:51 joint venture (JV) company with paid up capital of 50 million Yuan (S$10 million) in Sichuan, China.  Full Article

United Envirotech Ltd does not declare dividend
Wednesday, 13 Aug 2014 05:13am EDT 

United Envirotech Ltd:No dividends have been declared/recommended for current financial period ended June 30.  Full Article

United Envirotech Ltd updates on final dividend
Tuesday, 15 Jul 2014 07:41pm EDT 

United Envirotech Ltd:To declare first and final tax-exempt (one-tier) dividend of 0.3 Singapore cents per ordinary share for FY ended March. 31, 2014.Record Date on Aug 11.Ex Date on Aug 07.Payable on Sept 01.  Full Article

United Envirotech announces divestment of quoted investment in Memstar Technology Ltd
Thursday, 26 Jun 2014 05:45am EDT 

United Envirotech Ltd:Says disposal of total of 216,000,000 shares in Memstar Technology Ltd.After the disposal, the company will have no further interest in Memstar.  Full Article

United Envirotech Ltd's malaysian subsidiary won 45 mln ringgit EPC contract
Monday, 23 Jun 2014 05:29am EDT 

United Envirotech Ltd:Says Dataran Tenaga (M) Sdn Bhd, the malaysian subsidiary, receives a 45 mln ringgit(about SGD 17.5 mln) engineering procurement and construction (EPC) project in Johor Bahru, Johor, Malaysia.Contract was awarded for construction of sewer network including sewage pumping station, an about three kilometers of sewer pipeline and a sewage treatment plant located in the southern area of Johor Bahru.Contract represents the first module of a three module project of providing sewer network and treatment system with capacity of 250,000 population equivalent.Project will commence immediately and is expected to be completed by end 2015.  Full Article

United Envirotech Ltd proposes final dividend
Friday, 30 May 2014 08:08am EDT 

United Envirotech Ltd:Declares final dividend of S$0.003 per ordinary share.  Full Article

United Envirotech Ltd incorporates subsidiary
Tuesday, 15 Apr 2014 05:13am EDT 

United Envirotech Ltd:Incorporated a subsidiary, United Envirotech (Hong Kong) Co Ltd.UE Hong Kong is incorporated in Hong Kong with a paid-up capital of HK$10,000 which is divided into 10,000 ordinary shares of HK$1 each.The main activities of UE Hong Kong is that of investment holding.  Full Article

United Envirotech Ltd announces incorporation of a subsidiary
Tuesday, 1 Apr 2014 05:36am EDT 

United Envirotech Ltd:Says its subsidairy United Envirotech Water Resource Pte Ltd incorporated a subsidiary in Qidong, Jiangsu Province, People’s Republic of China.The main activities of UE Qidong are to undertake the acquisition of the 15,000 m3/day wastewater treatment plant serving the Binjiang Fine Chemical Industrial Park.Subsequent upgrading and expansion of the plant to 30,000 m3/day using UEL’s membrane bioreactor (MBR) technology.  Full Article

United Envirotech Ltd signs agreement to acquire, upgrade and expand Industrial Park Wastewater Treatment Plant in Jiangsu, China
Thursday, 13 Feb 2014 04:24am EST 

United Envirotech Ltd:Signs the agreement with the Jiangsu Qidong Economic Development Zone Binjiang Fine Chemical Industrial Park Management Committee (Binjiang MC).Says agreement to acquire, upgrade and expand the industrial park wastewater treatment plant in Qidong, Jiangsu Province, China.Says the company will set up a 70:30 joint venture with Binjiang MC to acquire the 15,000 m3/day wastewater treatment plant serving the Binjiang Fine Chemical Industrial Park (Binjiang).Says UEL will upgrade the plant and expand the capacity to 30,000 m3/day using its membrane bioreactor (MBR) technology.Says project will be funded by the company’s internal resources, the proceeds from the last convertible bond and share placement, proceeds from bond issued under the company’s MTN program and bank financing.Says phase 1 of the project will commence immediately and is expected to be completed by end 2014.  Full Article

KKR, CITIC to buy Singapore water treatment company United Envirotech

SINGAPORE - Singapore water treatment company United Envirotech Ltd (UEL) , nearly 30 percent owned by private equity firm KKR & Co LP , said KKR and Chinese state-backed conglomerate CITIC Ltd will launch a takeover offer valuing UEL at about S$1.9 billion ($1.5 billion) on a fully-diluted basis.

Search Stocks