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
(WTPs), wastewater treatment plants (WWTPs), water recycling
plants (WRPs), desalination plants (DPs) and water distribution
companies) in the Peoples Republic of China (PRC), India, the
Middle East and North Africa region (MENA) and other high-growth
markets globally.
At Listing, HWT will acquire the entire issued share capital of
Hyflux Utility Ltd. (HUL) from SinoSpring Utility Ltd. (SUL), a
subsidiary of the Sponsor. HUL owns the entire issued share capital
of 11 special purpose companies (SPCs), 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 (Initial Plants and the business
undertakings carried on through such Plants, Initial Portfolio).
Seven of the Plants have commenced commercial operations as at the
date of this Prospectus (Operating Plants) and six of the Plants
are expected to commence commercial operations by the end of FY2008
(Completing Plants).
Closing Date: 28 Nov 2007
Prospectus
