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1-8 of 8
Alway wants $.$$.
NO DIVIDENT PAYOUT!! NOT EVEN 1?
Look @ Reyphon? Lossing Big X. How to justify??? Any 1 Can explain...
Yes anyone know why they need to pay Chinese govt and if they have enough ah to pay back Goldman Sach's eighty mil loan in December if they keep buying these projects in China? I remember Celestial also try to be funny months before their loan due.
rather strange that sinomem is paying the client money for the project
el7888 ( Date: 19-Aug-2009 22:53) Posted:
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Sinomem secures new wastewater treatment/recycling project in China
The Board of Directors of Sinomem Technology Limited (the “Company”) wishes to
announce that the Company has secured a wastewater treatment/recycling BOT project
from the Baichen City Municipal Government in Baichen City, Jilin Province, People’s
Republic of China (“PRC”) with a treatment capacity of 50,000m3/day and an operating
concession period of 30 years (the “Project”).
The construction work of the Project was partially completed by the Baichen City Municipal
Government. The Company has entered into an investment agreement with Baichen City
Municipal Government to pay RMB30 million to Baichen City Municipal Government for
the initial construction work done and to complete the rest of the construction work.
Construction is expected to be completed in the first quarter of 2010. The total investment,
inclusive of construction costs, is estimated at RMB 70 million. The consideration was
determined on the willing-buyer, willing-seller basis after arm’s length negotiations
between the Company and Baichen City Municipal Government.
The Project will be funded from internal resources and is not expected to have any
material impact on the Group’s net tangible assets per share and earnings per share for
the financial year ending 31 December 2009.
None of the Directors or Substantial Shareholders of the Company has any interest, direct
or indirect, in the Project.
The Board of Directors of Sinomem Technology Limited (the “Company”) wishes to
announce that the Company has secured a wastewater treatment/recycling BOT project
from the Baichen City Municipal Government in Baichen City, Jilin Province, People’s
Republic of China (“PRC”) with a treatment capacity of 50,000m3/day and an operating
concession period of 30 years (the “Project”).
The construction work of the Project was partially completed by the Baichen City Municipal
Government. The Company has entered into an investment agreement with Baichen City
Municipal Government to pay RMB30 million to Baichen City Municipal Government for
the initial construction work done and to complete the rest of the construction work.
Construction is expected to be completed in the first quarter of 2010. The total investment,
inclusive of construction costs, is estimated at RMB 70 million. The consideration was
determined on the willing-buyer, willing-seller basis after arm’s length negotiations
between the Company and Baichen City Municipal Government.
The Project will be funded from internal resources and is not expected to have any
material impact on the Group’s net tangible assets per share and earnings per share for
the financial year ending 31 December 2009.
None of the Directors or Substantial Shareholders of the Company has any interest, direct
or indirect, in the Project.
what about now after almost 2 years should go in now
soloman ( Date: 14-Oct-2007 09:47) Posted:
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Sorry lah - for many Bio Treat is out after poor reviews
Some other China stocks better lah
Biosensors good too
Results will be released next week. Future looks bright for this company.
Combine China with water and you'll find a perfect investment opportunity.
Pick out stocks like Sinomem, Biotreat and United Envirotech.