Interest In Upcoming H2O Solutions Ltd IPO Prompts Extended Subscription Period
12 September 2012
Originally slated for late September, the IPO would be the first opportunity for investors to own the shares of the innovative company. The original launch price was expected to be HK$61, but have since been revised higher to reflect the high level of interest in the company. A specific price will be set closer to the new release date. H2O Solutions Limited enjoys an established customer base in three continents, with new orders reaching seven sites in Africa by the end of September. Production facilities have been expanded earlier in the year, and all plants continue to operate around the clock to keep up with demand. The primary use of IPO proceeds will go towards funding further plant expansion for the rapidly growing demand for the company’s high efficiency mobile desalination units. H2O Solutions Limited specializes in nano-membrane purification and multi-charged plate desalination technologies. The company provides innovative solutions that include development, testing, integration, engineering, and manufacturing of an extensive array of water treatment systems. Through joint projects with key international partners, H2O Solutions provides cost-effective and environmentally friendly water purification and desalination systems. News articles produced and archived by H2O Solutions Limited are maintained for historical purposes only and may no longer be accurate. By accessing this news article, you acknowledge that you have read, comprehend and agree with H2O Solutions Limited press article policy available at Statements, conclusions and data contained in news articles regarding the company's or management's performance, beliefs or expectations, or that otherwise speak to future events, are "forward-looking statements" within the meaning of the Securities Exchange Act. These forward-looking statements include but are not limited to those statements preceded by, followed by or that otherwise include the words; expects, anticipates, estimates, plans, projects, outlook, intends, target, budget, believes, goal, objective, or similar words. In addition, any statements regarding possible commerciality, development plans, capacity expansions, research, future manufacturing targets, future cash flows and changes in any of the foregoing are also forward-looking statements. Future results and developments addressed in these statements may be affected by many factors and risks, such as the correctness of the assumptions that underlie the statements, the current market value of H2O Solutions Limited’s products, uncertainties in interpreting engineering data, current and future demand for consumer products for which H2O Solutions Limited’s businesses supply raw materials, the financial resources of competitors, changes in local and international laws and regulations, the ability to respond to challenges in international markets (including fluctuations in currency exchange rates), political or economic conditions in areas where H2O Solutions Limited operates, trade and regulatory matters, general economic conditions, and other factors. Actual results and developments may differ significantly from those expressed or implied in this article. H2O Solutions Limited does not undertake to update, revise or correct any of the forward-looking information.