Interest In Upcoming H2O Solutions Ltd IPO Prompts Extended Subscription Period
The underwriters of the upcoming Initial Public Offering for H2O Solutions Limited have experienced a remarkably high volume of inquiries, and as a result have extended the pre-sale subscription period to November 1st of this year.
Online PR News – 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 companyís 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.
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