As many of you are aware, we have been negotiating with the district of Thasit where we plan to finance, design and operate a water treatment facility.
These negotiations have been completed and the contracts so agreed submitted to DFDL our legal advisers for their advice. We have now incorporated their advice into execution documents. (All details as attached)
Subject to no adverse comments from our Board, we plan to sign this concession at the end of next week.
Your thought comments therefore ahead of that appreciated, We will formally ratify the deal in Board Meeting 4/2016 next month.