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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.
May 13, 2024
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.
March 01, 2024
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.
December 20, 2022
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.
March 31, 2022
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.
March 24, 2022
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.
January 14, 2022
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
January 10, 2022
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.
September 14, 2021
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.
August 30, 2021
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.
July 29, 2021