Press releases

15 Sep 2017, Manufacturers Monthly : De.mem secures lucrative move to QLD

Published on 18-09-2017

A wastewater specialist in Singapore has bought out Australian water treatment manufacturer Akwa-Worx in a deal worth $1.5 million plus shares. De.mem has announced an expansion into Australia having signed a share purchase agreement, which could increase dependent on whether the company meets end-of-year revenue targets. Based in Queensland, Akwa-Worx provides wastewater treatment systems and supplies products for decentralised industrial and municipal water and wastewater treatment. “The acquisition of Akwa-Worx is a game changer for De.mem,”[...] READ MORE

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14 Sep 2017, Global Water Intel : De.mem buys Aussie industrial water firm Akwa-Worx

Published on 18-09-2017

Decentralised water solutions specialist De.mem, which listed on the Australian Stock Exchange earlier this year, has agreed to acquire 100% of Australian systems integrator Akwa-Worx for A$1.96 million (US$1.57 million), plus A$750,000 in staggered earn-out payments. The deal provides an excellent avenue through which the venture capital-backed Singaporean firm can sell its proprietary hollow-fibre nanofiltration membranes – developed at Singapore’s Nanyang Technological University – into the Australian industrial market. Akwa-Worx recorded EBITDA of A$800,000 on revenues[...] READ MORE

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14 Sep 2017, Small Caps : De.mem expands into Australia with acquisition of Akwa-Worx

Published on 15-09-2017

Singapore-based water treatment company De.mem (ASX: DEM) has expanded into Australia with the acquisition of Queensland-headquartered Akwa-Worx. De.mem designs, builds, owns and operates de-centralised, customisable and high-quality waste water treatment systems for its clients. De.mem announced on 14 September 2017 the signing of a binding purchase agreement to acquire 100% of the shares in Akwa-Worx. Established in 2002, Akwa-Worx is a water and waste water treatment original equipment manufacturing (OEM) business focused on the design and construction of[...] READ MORE

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14 Sep 2017, Tech Invest Online : De.mem expands into Australia with acquisition of Akwa-Worx

Published on 15-09-2017

Singapore-based water treatment company De.mem (ASX:DEM) has expanded into Australia with the acquisition of Queensland-headquartered Akwa-Worx. De.mem designs, builds, owns and operates de-centralised, customisable and high-quality waste water treatment systems for its clients. De.mem announced on 14 September 2017 the signing of a binding purchase agreement to acquire 100% of the shares in Akwa-Worx. Established in 2002, Akwa-Worx is a water and waste water treatment original equipment manufacturing (OEM) business focused on the design and construction of[...] READ MORE

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14 Sep 2017, investing.com : De.Mem Ltd acquires Akwa Worx Pty and Akwa Facility Maintenance

Published on 15-09-2017

Sept 14 (Reuters) – De.Mem Ltd DEM.AX : * Announces acquisition of Akwa Worx Pty Ltd and Akwa Facility Maintenance Pty Ltd * A$1.5 million in cash plus A$460,000 in de-mem shares to be provided on completion of deal * Deal to acquire 100% in shares of Akwa-Worx Pty Ltd and Akwa Facility Maintenance Pty Ltd

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14 Sep 2019, The Motley Fool : The DE Mem Ltd (ASX: DEM) share price climbed higher today

Published on 15-09-2017

The DE Mem Ltd (ASX: DEM) share price is up 3% to 33 cents after the Singapore-based water and waste water treatment company announced its expansion into the Australian market with the acquisition of Akwa-Worx. DE Mem will acquire the leading provider of water and waste water treatment systems and supplies products for $1.5 million in cash plus $460,000 of DE Mem shares. I think DE Mem could be one to watch closely this year. (Source: fool.com.au)

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14 Sep 2017, Proactive Investors Australia: De.mem to enter lucrative Australian water treatment market via acquisition

Published on 15-09-2017

The acquisition will strengthen the Singapore company’s position in the Asia Pacific region. The consideration for the transaction includes $1.5 million in cash De Mem Ltd (ASX:DEM) is expanding into Australia by acquiring Akwa-Worx, a Queensland based provider of water and waste water treatment systems. The acquisition will strengthen the Singapore-based water treatment company De.mem’s position in the Asia Pacific region and provides an opportunity for growth in the mining and industrial sectors. Akwa-Worx currently supplies[...] READ MORE

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14 Sep 2017, National Mining Chronicle : De.Mem Expands Into Australia

Published on 15-09-2017

Singapore-based water treatment company De.mem (ASX:DEM) has expanded into Australia with the acquisition of Queensland-headquartered Akwa-Worx. De.mem designs, builds, owns and operates de-centralised, customisable and high-quality waste water treatment systems for its clients. De.mem announced today the signing of a binding purchase agreement to acquire 100 per cent of the shares in Akwa-Worx. Established in 2002, Akwa-Worx is a water and waste water treatment original equipment manufacturing (OEM) business focused on the design and construction of packaged[...] READ MORE

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14 Sep 2017, medianet.com.au : De.mem Expands into Australia with Acquisition of Akwa-Worx

Published on 15-09-2017

Singapore-based water treatment company De.mem (ASX:DEM) has expanded into Australia with the acquisition of Queensland-headquartered Akwa-Worx. De.mem designs, builds, owns and operates de-centralised, customisable and high-quality waste water treatment systems for its clients. De.mem announced on 14 September 2017 the signing of a binding purchase agreement to acquire 100% of the shares in Akwa-Worx. Established in 2002, Akwa-Worx is a water and waste water treatment original equipment manufacturing (OEM) business focused on the design and construction of packaged[...] READ MORE

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13 Sep 2017, Proactive Investors Australia: De.mem gets ready to pounce

Published on 15-09-2017

The halt will remain in place until Friday 15th September 2017. The company’s shares are in pre-open De.mem Ltd (ASX:DEM) has details of a material acquisition pending, with the ASX granting the company a trading halt. De.mem is a decentralised waste-water treatment business, and is based in Singapore. Last month the company completed the sale of a water treatment plant located in Nghe An province, Vietnam. The halt will remain in place until the opening of[...] READ MORE

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9 Aug 2017, Waterworld: De.mem sells remotely monitored membrane plant in Vietnam

Published on 14-08-2017

SINGAPORE – Singapore-based water treatment company De.mem (ASX: DEM) has sold a water treatment plant located in the Nghe An province in Vietnam. The plant was purchased by local Vietnamese company Hung Thanh Environmental for approximately $AUD 510,000 ($USD 400,000). Prior to the sale, De.mem designed, built, owned and operated the plant on a Build, Own, Operate (BOO) basis. In the short-term, Hung Thanh Environmental Ltd also intends to adopt De.mem’s proprietary membrane technology as part[...] READ MORE

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9 Aug 2017, news.com.au: De.mem sells water treatment plant

Published on 14-08-2017

De.mem has completed the sale of a water treatment plant in Vietnam. The sale has a value of $500,000, with the purchase price being paid in instalments over the next 30 months. De.mem designed, built, owned and operated the water treatment plant previously under a so-called build, own, operate scheme. The buyer intends to invest in future upgrades of the water treatment plant with proprietary De.mem membranes.

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9 Aug 2017, Techinvest Online: De.mem sells water treatment plant in Vietnam

Published on 14-08-2017

Singapore-based wastewater treatment company De.mem (ASX: DEM) has sold a water treatment plant located in the Nghe An province in Vietnam. The plant was purchased by local Vietnamese company Hung Thanh Environmental Ltd for approximately $AUD 510,000 ($USD 400,000). Prior to the sale, De.mem designed, built, owned and operated the plant under what’s known as a Build, Own, Operate (BOO) scheme. The purchase price will be paid in instalments over the next 30 months, with the[...] READ MORE

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9 Aug 2017, Clean Technology Business Review: De.mem completes sale of water treatment plant in Vietnam

Published on 14-08-2017

De.mem, a Singapore-based water and waste water treatment firm, has sold a water treatment plant in Kim Lien Commune, Nam Dan district, Nghe An province to a local Vietnamese company Hung Thanh Environment Investment Joint Stock Company for approximately $400,000.

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20 Jul 2017, Watertech Enews, De.mem opens membrane production facility in Singapore

Published on 25-07-2017

Water Technology: GWI Global Water Market report; EPA Awards TCEQ; Chlor-Alkali Technology Symposium

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18 Jul 2017, RenewEconomy, Clean tech stocks outperform general market again

Published on 25-07-2017

RenewEconomy: Clean-tech stocks outperform general market again, as smart investors buy in Share Cafe: IPOs increase dramatically

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14 Jul 2017, Business Insider Australia, The top 10 performing IPOs on the ASX for the first half of 2017

Published on 25-07-2017

Business Insider: The top 10 performing IPOs on the ASX for the first half of 2017

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13 Jul 2017, Filtration+Separation, De.mem establishes Singapore membrane production facility

Published on 25-07-2017

Filtration & Seperation: De.mem establishes Singapore membrane production facility

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12 Jul 2017, Water & Wastewater international, De.mem inches closer to nano filtration roll out in Singapore

Published on 25-07-2017

Waterworld: De.mem inches closer to nano filtration membrane rollout in Singapore

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De.mem Press Release: Offer Closes Early & Oversubscribed – Maximum of $4.5 Million Raised

Published on 28-02-2017

De.mem Limited advises it has closed its ASX offering early and oversubscribed, successfully raising the maximum amount of $4.5 million.

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6 Oct 2016, PUB Press Release – PUB calls for proposals to develop water technologies

Published on 07-10-2016

S$25million set aside for novel water solutions, as well as research projects which can be scaled-up and commercialised within the next five years.

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8 Jul 2016, Business Times, Straits Times etc. – NTU invents energy saving nanofiltration membrane

Published on 05-04-2017

Scientists at NTU have invented a new type of nano-filter that could reduce the energy needed to treat waste water by up to 80 per cent.

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NTU develops energy saving filters for waste water treatment

Published on 08-07-2016

NTU develops energy saving filters for waste water treatment Scientists at Nanyang Technological University (NTU Singapore) have invented a new type of nanofilter that could reduce the energy needed to treat wastewater by up to five times.

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31 May 2016, Straits Times – Water treatment proves to be a cost-saver

Published on 05-04-2017

Washing a car at grooming firm Groomwerkz now takes under 10 minutes, thanks to water treated by NTU spin-off De.Mem. The local start-up has been treating water to make it de-ionised for Groomwerkz’s car wash services. De.mem increases the efficiency of the process and, hence, saves the local firm cost. Source: Video file

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De.mem starts next project in Vietnam

Published on 01-12-2015

De.mem starts next project in VietnamNew order for the design, delivery and installation of a modern, membrane-based water treatment system with a capacity of 2,000 m3 per day

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De.mem builds further water plants

Published on 01-09-2015

De.mem builds further water treatment plants in Vietnam, receives additional investmentThree new projects for the design and construction of modern, membrane-based water treatment plants in Vietnam

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NTU PRESS RELEASE: NTU builds its first overseas water treatment plant in Vietnam

Published on 19-06-2014

A Nanyang Technological University (NTU) start-up has successfully launched its first overseas water treatment plant in Vietnam on Friday, 10 May 2013

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De.mem announces acquisition of Akwa-Worx Pty Ltd