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Water Treatment
Results
China Everbright reports FY2022 earnings of HK$1 billion, down 16%
The company plans to pay a final dividend of 5.14 HK cents
February 28, 2023
Contracts
China Everbright wins RMB668 million water treatment project
The plant will have a total designed daily waste water treatment capacity of 60,000 cubic metres.
February 20, 2023
Corporate moves
Memiontec heeds lessons from Hyflux to chart its own course
What sets this water treatment company apart from Hyflux?
September 30, 2021
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
February 28, 2020
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.
February 21, 2020
Update
Hyflux names UAE firm as next potential suitor with $400 mil injection deal
SINGAPORE (May 6): Hyflux has identified Utico FZE as its next potential white knight investor which might make a capital injection of $400 million, weeks ahead of its extended debt moratorium until May 24.
May 06, 2019
Results
SIIC Environment announces 47.3% higher 1Q earnings of $30.3 mil on higher revenue
SINGAPORE (May 2): SIIC Environment has announced 1Q19 earnings of RMB 150.1 million ($30.3 million), rising 47.3% on-year from RMB101.9 million due to higher revenue and lower administrative expenses.
May 02, 2019
Embattled Hyflux in talks with investors
(Oct 9): Hyflux Ltd, the embattled Singapore water-treatment and power company, is in advanced talks with at least two potential investors about taking a strategic equity stake in the group as part of a restructuring plan.
October 09, 2018
Broker's Calls
Accumulate Moya for the long term: RHB
SINGAPORE (Sept 26): RHB is reiterating its “buy” recommendation on Moya Holdings, the water treatment company, with a target price of 13 cents.
September 26, 2018
Hyflux wins second contract for Iran desalination project despite restructuring
SINGAPORE (July 11): Hyflux has received a letter of intent (LoI) for the award of a second contract from Asia Water Development Engineering Company (AWDEC) for a seawater reverse osmosis desalination package at Bandar Abbas, Iran.
July 11, 2018