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China Everbright Water’s new wins sign of more to come?

Broker's Calls

China Everbright Water’s new wins sign of more to come?

Gwyneth Yeo Published on Fri, Jul 15, 2016 / 1:21 PM GMT+8

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SINGAPORE (July 15): CIMB is maintaining its add recommendation for China Everbright Water (CEWL) with a target price of 81 cents, as the group wins a second wastewater treatment plant project in Shandong Province.

To recap, CEWL recently announced its acquisition of Ju County Shudong wastewater treatment (WWT) project in Rizhao City, Shandong Province.

(See China Everbright Water secures Shandong waste water treatment project)

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