Wednesday, February 04, 2009

Salcon incorporates Vietnam subsidiary

VietBusinessNews - Malaysia's Salcon Bhd has incorporated a Vietnamese subsidiary Salcon Engineering Viet Nam Co Ltd (SEV) through its wholly-owned subsidiary Salcon Engineering Bhd.

SEV was incorporated with a legal capital of US$250,000 (RM907,500). Salcon's core business is in the construction and operation of municipal potable water and wastewater treatment facilities. The group has interests in China and Thailand in addition to its operations in Malaysia and Viet Nam. Salcon is also currently bidding for a water concession deal in Indonesia.

Salcon closed unchanged yesterday, ending trading at 39 sen.

 

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