Memiontec to raise funds in Catalist listing for regional expansion

Published Fri, Feb 21, 2020 · 09:50 PM

Singapore

ANOTHER water treatment firm, Memiontec Holdings, is looking to list on the Singapore bourse, on the heels of a string of others either facing financial trouble or have already been taken private and delisted.

Memiontec describes itself as somewhat of a "combination between Sanli Environmental and Moya Holdings", and is probably known for clinching the S$33.2 million upgrading project for the Tuas South Desalination Plant from PUB, after the national water agency took it over from the embattled Hyflux. (see amendment note)

On Friday evening, it lodged its final prospectus…