Memiontec Holdings

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.

Contracts

Memiontec secures $13 mil worth of new contracts in Indonesia and Singapore

The new contracts are expected to contribute positively to the group's financial results.
SGX-ST approves Memiontec's 3-for-1 proposed share split - THE EDGE SINGAPORE

Stocks To Watch

SGX-ST approves Memiontec's 3-for-1 proposed share split

Following the split, an additional 440,514,000 shares will be issued, bringing the total number of shares in Memiontec to 660,771.
Memiontec secures $56.6 mil PUB contract; largest contract won to date - THE EDGE SINGAPORE

Contracts

Memiontec secures $56.6 mil PUB contract; largest contract won to date

Memiontec secures its largest contract to date - a $56.6 mil PUB contract.

SGX query

SGX RegCo issues trade with caution on Memiontec Holdings after 295.8% share price surge

SGX RegCo has since referred the matter to the necessary authorities.

Contracts

Memiontec Holdings commences sale of water from Riau’s BOOT project; Hutan Kota BOOT Project enters Phase 2

Memiontec Holdings, on Jan 10, announced that it has commenced the production and sale of treated water at 200 litres per second
Memiontec triggers SGX query after share price climbs to 56.5 cents - THE EDGE SINGAPORE

SGX query

Memiontec triggers SGX query after share price climbs to 56.5 cents

As at 4.32pm, shares in Memiontec are trading 6 cents higher or 12.1% up at 55.5 cents.
Memiontec clinches two tenders by PUB worth $12.7 mil - THE EDGE SINGAPORE

Contracts

Memiontec clinches two tenders by PUB worth $12.7 mil

The contracts have brought Memiontec's total order book to $91.6 million to date.

SGX Research Series: 10 in 10

Memiontec satisfies region's thirst for clean water with diversified business model

Memiontec is a water treatment company in the field of water and waste-water management services.
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