SHS Holdings (formerly: See Hup Seng Limited)

[Rr_1]

http://infopub.sgx.com/FileOpen/Announce...eID=445397

SHS has set up a new subsidiary in Vietnam with two locals taking up 35% of shares. While this may be a non-factor for the time being, it seems that the expansion of the solar segment is slowly taking root. 

Ray

[Rr_1]

http://infopub.sgx.com/FileOpen/Announce...eID=445397

SHS has set up a new subsidiary in Vietnam with two locals taking up 35% of shares. While this may be a non-factor for the time being, it seems that the expansion of the solar segment is slowly taking root. 

Ray

http://infopub.sgx.com/FileOpen/SHS%20An...eID=446513

"This Proposed Investment is subject to a detailed feasibility study to be conducted; the subsequent issue of an investment licence from Ministry of Planning and Investment of the Socialist Republic of Vietnam, and the conclusion of a solar power policy and legislation to be ratified by the Vietnamese Government expected later this year, before the parties move ahead to sign an Implementation Agreement."

I have my doubts on 300MW, it'll probably be revised lower after feasibility studies but great job by management if the project manages to get up and running.