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Darco Water Technologies Ltd. ( (SG:BLR) ) just unveiled an update.
Darco Water Technologies Ltd. has announced an update regarding a put option notice from InfraCo VietAqua Pte. Ltd. concerning shares in Darco InfraCo Vietnam Water Pte. Ltd. The company is currently negotiating with InfraCo to explore alternative arrangements for the put option. As part of the agreement, InfraCo will withdraw the current put option notice but retains the right to issue a new one after November 30, 2025, if necessary. This development indicates ongoing strategic discussions that could impact Darco’s operational and financial positioning.
More about Darco Water Technologies Ltd.
Darco Water Technologies Ltd. is a company based in Singapore, operating in the water treatment industry. The company, along with its subsidiaries, focuses on providing water and wastewater treatment solutions, catering to various market needs.
Average Trading Volume: 137,105
Technical Sentiment Signal: Sell
Current Market Cap: S$6.94M
For an in-depth examination of BLR stock, go to TipRanks’ Overview page.