Puncak Niaga Holdings Bhd told the exchange yesterday that it has formed a 60:40 joint-venture company with India’s Lanco Infratech Ltd to participate in a bid for a water supply and drainage tender in India.
The project was identified as Hogenakkal water supply and fluorosis mitigation Project – Package I called by the Tamil Nadu Water Supply and Drainage Board, India.
“The joint venture is synergistic to Puncak group’s business expansion plans in India,” the company said yesterday.
The project was identified as Hogenakkal water supply and fluorosis mitigation Project – Package I called by the Tamil Nadu Water Supply and Drainage Board, India.
“The joint venture is synergistic to Puncak group’s business expansion plans in India,” the company said yesterday.
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