Sign up Australia
Proactive Investors - Run By Investors For Investors

De.mem wins new dewatering and water treatment contracts

The company will deliver a containerised sludge dewatering system.
a water treatment system
De.mem is headquartered in Singapore

De mem Ltd’s (ASX:DEM) subsidiaries have been awarded four new dewatering and water treatment contracts totalling circa $300,000.

De.mem is a decentralised waste-water treatment business that designs, builds, owns and operates customised industrial waste water treatment systems for its clients.

The scope of work for the new contracts include the delivery of a containerised sludge dewatering system, a pump station and a chemical dosing system to certain mining sites in Queensland.

De.mem has also entered into an operations and maintenance agreement with a luxury resort, also in Queensland to operate the water and sewage treatment plants for a period of three months.

These projects will start immediately.

De.mem is headquartered in Singapore and has a manufacturing site in the country.

The company’s product offering is in two segments; the industrial segment serving electronics, chemicals, oil & gas and the food & beverage industries and the municipal and residential segment.

Winning these new projects follows the acquisition of Akwa-Worx and Akwa Facility Maintenance, underlining the company’s expanded customer base and a robust project pipeline.

De.mem’s share price increased circa 8% in the last one month and closed at $0.34 on Wednesday.

View full DEM profile View Profile

De.mem Timeline

Related Articles

Burning wood pellet
April 30 2018
The company said full-year revenue would be a third higher than previously forecast, with fuel demand likely to have risen steeply with the recent UK cold snaps
company logo with user generated content such as pictures
March 12 2018
MediaConsent will complement the company's rapidly expanding core business.
1510629376_Agent-Reality-and-Sweep.JPG
November 16 2017
Thred's Geoff Marshall at Proactive's CEO Sessions in Melbourne and Sydney.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use