Darco Water Technologies

One of the differences in opinion includes the recent appointment of an executive director.

The project comes at a time when food waste accounts for one of the biggest wastes in Singapore.

The board views the actions as "wholly unacceptable".

A group of shareholders representing a 16.1% stake in the company is requesting for action against Wang Zhi.

SINGAPORE (June 24): Darco Water Technologies has entered into a memorandum of understanding (MOU) with CPG Vietnam to expand business opportunities by participating in tenders and cooperating with each other in their respective specialised fields.

SINGAPORE (June 13): Darco Water Technologies’ subsidiary Wuhan Kaidi Water Services Co. won three contracts worth an aggregate of RMB107.58 million ($22.45 million) in China.

SINGAPORE (Nov 16): Darco Water Technologies has entered into a placement agreement to sell 1.5 million new shares at 60 cents each to substantial shareholder Stone Robert Alexander.

SINGAPORE (Oct 23): Darco Water Technologies is selling between 24 million and 30.3 million new shares at 65 cents each to a strategic investor Wang Zhi aka Robert Wang.

SINGAPORE (Sept 21): Darco Water Technologies and InfraCo Asia Development will be partnering each other for a design, build, own, operate (DBOO) model for four municipal water treatment projects in Vietnam for $50 mil.

SINGAPORE (Sept 12): Darco Water Technologies says a consortium comprising its Malaysian unit has won a $4.7 million landfill gas recovery and conversion project in Indonesia.