HWTis the first pure-play global water business trust to be listed on a securities exchange in Asia that provides investors with an opportunity to invest in water-related infrastructure assets (including, but not limited to, water treatment plants (Â“WTPsÂ”), wastewater treatment plants (Â“WWTPsÂ”), water recycling plants (Â“WRPsÂ”), desalination plants (Â“DPsÂ”) and water distribution companies) in the PeopleÂ’s Republic of China (Â“PRCÂ”), India, the Middle East and North Africa region (Â“MENAÂ”) and other high-growth markets globally.
At Listing, HWT will acquire the entire issued share capital of Hyflux Utility Ltd. (Â“HULÂ”) from SinoSpring Utility Ltd. (Â“SULÂ”), a subsidiary of the Sponsor. HUL owns the entire issued share capital of 11 special purpose companies (Â“SPCsÂ”), with each SPC owning one or more water infrastructure assets in the form of a WTP, WWTP and/or a WRP. Immediately upon Listing, HWT will have 13 Plants, comprising three
WTPs, eight WWTPs and two WRPs (Â“Initial PlantsÂ” and the business undertakings carried on through such Plants, Â“Initial PortfolioÂ”). Seven of the Plants have commenced commercial operations as at the date of this Prospectus (Â“Operating PlantsÂ”) and six of the Plants are expected to commence commercial operations by the end of FY2008 (Â“Completing PlantsÂ”).
Closing Date: 28 Nov 2007Prospectus