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Dayen Environmental places out shares and options to Moya Holding for $20m cash

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Catalist-listed Dayen Environmental says it has concluded a share placement to Moya Holding Company BSC for $20 million in cash, in return for shares and share options representing a 51% interest in the enlarged capital of Dayen.

Moya is a Middle East water treatment and services company headquartered in Manama, the Kingdom of Bahrain, with operations based in Saudi Arabia and other key Middle East markets.

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