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Singapore water firm Dayen sees profit in 2010: Update

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Singapore’s Dayen Environmental (DYEN.SI) expects to be profitable in 2010, after posting losses for the past four years, and is aiming to win $300 million of water contracts in Singapore and the region this year. 
 
CEO Alan Yau said in an interview the firm has bid for over S$300 million ($216 million) of contracts and is also studying a $300-$500 million contract in China, as it concentrates on its core business of engineering and servicing water and waste water plants. 

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