Wednesday 30 March 2011

Will Writing Talk

A talk on will writing was organized for the employees with the aims of increasing awareness on importance of will writing on 30 March 2011.The will writing talk was given by Mr. Chong Moh Yong, an experienced Professional Estate Planner (PEP) from Rockwills Corp Sdn Bhd with more than 11 years experience in will-writing and trust.

Monday 21 March 2011

Salcon secures China water deals in Changzhou City

Mr. Law Woo Hock, Director of Salcon Changzhou (HK) Limited and Mr. Yue Jun, Director of Changzhou Tianning District Diao Zhuang Street Office exchanging agreements witnessed by Mr. Xu Hua Qin and Dato' Tee Tiam Lee
 
Salcon Bhd has secured its first industrial wastewater concession in China which is expected to generate revenue of RMB1.0 billion throughout a 30-year concession period.

Salcon Berhad’s wholly owned subsidiary, Salcon Changzhou (HK) Co Ltd, had entered into the concession agreement and an asset transfer agreement with Changzhou City Tian Ning District Diao Zhuang Street Office and Changzhou Southeast Industrial Wastewater Treatment Plant on 21 March 2011..

Under the agreement, Salcon will acquire, upgrade, operate and maintain the Southeast Industrial Wastewater Treatment Plant (SIWTP), which is located at Tian Ning District, Changzhou City, Jiangsu Province, China.

Salcon acquired SIWTP and related facilities on a transfer-operate-transfr basis for RMB60 million (approx RM27.7 million)

The upgrading works are estimated to be completed within a period of nine months (upon approval by the relevant government authorities), upon which, the treatment capacity of the plant shall be 30MLD.