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Tritech enters into strategic agreement with Shenzhen investment company

Samantha Chiew Published on Wed, Aug 30, 2017 / 8:02 AM GMT+8

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SINGAPORE (Aug 30): Tritech, the environmental engineering and protection group, has entered into a strategic investment agreement with Shenzhen Investment and Financing Development Company, a subsidiary of Hong Kong Lead International Capital Group.

Both parties have reached an in-principle agreement for Shenzhen Investment to subscribe to shareholding interest of not more than 29.99% in Tritech’s share capital through a series of proposed private placement of new shares.

Under the strategic investment agreement, Tritech and Shenzhen Investment will work together to allow Tritech to tap into the global capital networks of Hong Kong Lead International Capital.