Sound Global

Sound Global: Won the bid for a municipal wastewater treatment project in Anshan City, Liaoning with capacity of 30k tons per day. The BOT project have a total investment amt of Rmb94m and concession of 30 yrs. This is the 3rd project co has won this quarter with the other two also in Anshan City. Sound Global trades at approx 8.8x fwd P/E