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Stock impact report

Consolidated Water Co. Ltd. Comments on Recent News Item from Belize

Consolidated Water Co. Ltd. - Ordinary Shares (CWCO) 
Last consolidated water co. ltd. - ordinary shares earnings: 11/12 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.cwco.com
Company Research Source: PR Newswire
GEORGE TOWN, Cayman Islands, Oct. 5, 2018 /PRNewswire/ -- Consolidated Water Co. Ltd. (the "Company") (Nasdaq Global Select Market: CWCO), a leading developer and operator of seawater desalination plants, clarified recent news reports from Belize. The reports stated that the House of Representatives of Belize approved a sovereign guaranty for a proposed loan from the Caribbean Development Bank of $17 million Belize dollars (US$8.5 million) to enable Belize Water Services Ltd. to acquire all of the shares of Consolidated Water (Belize) Limited ("CW-Belize") and to expand its water treatment plant, retrofit the San Pedro water and sewerage system and make other improvements to the country's water distribution network. One of these reports further stated that the "Acting Prime Minister Patrick Faber introduced a motion in the house which will trigger the acquisition of the company (meaning CW-Belize)."Commenting on these reports, Rick McTaggart, President and CEO of the Company, clarifie Show less Read more
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