DAYEN Environmental Ltd has been awarded a $6.55 million contract by the Public Utilities Board (PUB) to undertake the engineering, procurement and construction work for a pumping station with a capacity of approximately 68,000 cubic metres per day.
IN a filing on the Singapore Exchange yesterday, Dayen Environmental said that Moya Holding Company BSC (Moya) has outlined its perspectives on the placement offer announced in December after considering the recent developments in Dayen.
FORMER Dayen Environmental deputy chairman and executive director John Lee is being investigated by the Commercial Affairs Department (CAD) under the Securities and Futures Act, said the firm on Saturday.
SINGAPORE's Dayen Environmental expects to be profitable in 2010, after posting losses for the past four years, and is aiming to win $300 million of water contracts in Singapore and the region this year.
A JOINT venture company involving Asia Environment Holdings Ltd and Dayen Environmental Ltd working on a build-operate-transfer project in China has started arbitration proceedings against the municipal government of Pizhou City.
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