Thursday, October 12, 2006

Stock News: Asia Environment may gain on new contract

China-based waste water treatment company Asia Environment Holdings Ltd may rise after it said it has won its first build-own-operate project in Harbin City, China worth 190 mln yuan. Under the concession agreement signed with the Harbin City government, Asia Environment will build a water supply plant and a wastewater treatment facility at the Binxi Economic Development Zone. Yesterday, its shares closed up 0.02 sgd at 0.355.

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