Memiontec

Broker's Calls

Rise in water demand presents growth for Memiontec, but PhillipCapital keeps stock unrated

Memiontec, listed on the SGX in 2020, has seen doubled earnings in two years.

Results

Memiontec’s earnings up 26.8% y-o-y to $3.2 mil for FY2023

Revenue increased by 56.2% to $66.9 million, driven by increase in revenue contributions from segments such as TSEPC.
Memiontec heeds lessons from Hyflux to chart its own course - THE EDGE SINGAPORE

Corporate moves

Memiontec heeds lessons from Hyflux to chart its own course

What sets this water treatment company apart from Hyflux?

Results

Memiontec chalks up higher revenue and earnings

Its order book, as at June 30 2021, was $81.6 million
Memiontec Holdings appoints lead independent director Yap as chairman - THE EDGE SINGAPORE

New appointments

Memiontec Holdings appoints lead independent director Yap as chairman

The move comes as the company separates the roles of chairman and CEO to enhance its corporate governance practices.
Memiontec secures $21.7 mil contract for PUB's Deep Tunnel Sewerage System Phase 2 Project - THE EDGE SINGAPORE

Contracts

Memiontec secures $21.7 mil contract for PUB's Deep Tunnel Sewerage System Phase 2 Project

The group’s order book now stands at $92.3 million, from its order book of $70.6 million as at March 31.

IPO

Singapore based Memiontec to meet clean water demand in Indonesia

Memiontec gears up for IPO to expand in Indonesia to meet the high demand for clean water

IPO

Memiontec files for IPO of 33.5 mil shares at 22.5 cents

Water treatment company Memiontec has launched its IPO of 33.5 million shares at 22.5 cents each.
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