Hyflux (600.SG) headed higher this morning as news of contract win provides boost. Its shares gained as high as 1.1% to hit $3.57 this morning with resistance eyed at current 2010 highest close of $3.64.
The water treatment company announces $43.8 million engineering, procurement and construction (EPC) contract for first stage of seawater desalination plant in Singapore. Work scheduled to start immediately and is expected to be completed in approximately 20 months.
