Darco Water Technologies Limited Announces Extension for Vietnam Water Acquisition

Key Highlights

• Proposed Acquisition: Darco Water Technologies Limited is seeking to acquire 49% of Darco InfraCo Vietnam Water Pte. Ltd.
• Extension of Completion Date: The company and InfraCo VietAqua Pte. Ltd. have mutually agreed to extend the Tranche A Completion Date from the original date to 31 March 2026.
• Reason for Extension: The delay is attributed to the lunar new year holidays, which require additional time for the execution of the transaction.
• All Other Terms Unchanged: Aside from the completion date extension, all other provisions of the Sale and Purchase Agreement (SPA) remain unchanged.

Details of the Proposed Acquisition

The acquisition of a substantial stake (49%) in Darco InfraCo Vietnam Water Pte. Ltd. is part of Darco Water Technologies Limited’s strategic expansion into the Vietnamese water infrastructure market. This move is expected to strengthen Darco’s position in Southeast Asia’s water treatment sector, potentially opening new revenue streams and operational synergies.

The extension of the completion date is noteworthy as it suggests operational delays, but also reflects the company’s commitment to closing the deal under mutually agreeable conditions. Investors should watch for further developments, as successful completion could materially impact Darco’s growth prospects.

Price-Sensitive Information for Shareholders

• Uncertainty on Completion: The company cautions that there is no certainty or assurance that the acquisition will be completed, as the SPA is still subject to conditions which may or may not be fulfilled.
• No Additional Interests: None of the Directors or substantial shareholders have any direct or indirect interest in the Proposed Acquisition, except through their shareholdings in the company.
• Caution Advised: Shareholders and potential investors are urged to exercise caution when dealing in Darco’s securities. Any action taken without further information may be prejudicial to their interests.
• Potential Market Impact: Successful completion of the acquisition could significantly strengthen Darco’s market position and growth outlook, potentially influencing share price. Conversely, failure to complete may have a negative impact.

Investor Guidance

Investors are advised to monitor subsequent announcements from Darco Water Technologies Limited regarding the progress of the acquisition. If you are unsure about your investment position, consult your stockbroker, banker, solicitor, or other professional adviser.

Leadership Statement

The announcement was made by Zhang Zhenpeng, Executive Director and Chief Executive Officer of Darco Water Technologies Limited, on 4 March 2026.

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own due diligence and consult professional advisers before making any investment decisions. The proposed acquisition is subject to conditions and may not be completed. Darco Water Technologies Limited will provide further updates as more information becomes available.

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