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Acquisition of China Dredging & Engineering Pte Ltd

Posted on 23 Nov 2007

On 23 November 2007, we invested in China Dredging & Engineering Pte Ltd. The key thurst of this investment is to seize the opportunities presented by Tianjin’s marine redevelopments. The Company currently operates two dredges, servicing Tianjin harbor’s dredging and land reclamation projects.