Tuesday, September 28, 2010

Taliworks advances on China water treatment deal

KUALA LUMPUR: TALIWORKS CORPORATION BHD [] share price rose on Tuesday, Sept 28 after its 70% owned Eco3 Tech sealed a 30-year concession with China's Ningdong Energy for a waste water treatment plant. The contract is worth RM66.84 million.

At 9.15am, Taliworks was up six sen to RM1.34 with 207,200 shares traded.

Eco3 has been granted an exclusive right during the concession period to build, operate and maintain the industrial waste water treatment and recycled water plant and recycled water piping in the Ningdong Energy Chemical Base Meihua Industrial Park, Ningxia Province.


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