|
COPYRIGHT 2002 Asia Pulse Pty Ltd
(Full text of a statement. Contact details below.)
HONG KONG, Jan. 31 /PRNewswire Asia-AsiaNet/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT; CLWTW) ("Euro Tech") today announced that it has acquired a 30 per cent equity interest in Pact Asia Pacific Ltd. and Yixing Pact Environmental Technology Company Ltd. ("Pact") for approximately US$288,000. Pact is a privately owned engineering firm situated in Shanghai that specializes in the design, manufacture and operation of water and waste water treatment plants in several industries situated in China. Euro Tech believes that Pact's business is complementary to Euro Tech's as it continues to focus on sales and marketing of products of others. Euro Tech believes that by aligning itself with an engineering firm, such as Pact, it may be able to gain a...
Read the full article for free courtesy of your local library.
| 
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
