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

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.
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?

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.

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.

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.

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.

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.

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.
×