DE.MEM ORD
De.mem Acquires Core Chemicals to Expand Gold Sector Services Exposure
De.mem (ASX: DEM) has signed a binding agreement to acquire 100% of Perth-based Core Chemicals, a specialist supplier of process chemicals and services to the gold mining industry, for $2.68 million in cash (85%) and scrip (15%). The company will fund the acquisition through a $3m equity placement and a $500,000 shareholder loan, with completion expected […]
De.mem secures $550,000 wastewater treatment contract with AGL Energy
Australian-Singaporean wastewater treatment company De.mem (ASX: DEM) has won a $550,000 milestone contract with AGL Energy (ASX: AGL) for the supply of water treatment equipment to an Australian power station. The contract is another win for De.mem in the Australian power generation sector and follows a $400,000 purchase order in September from an undisclosed power station. That deal will […]
De.mem to make strategic acquisition of Perth-based chemicals company Capic
Australian-Singaporean water and wastewater treatment company De.mem (ASX: DEM) has made moves to acquire Perth-based chemicals company Capic in a $5.1 million deal which will allow it to diversify into the Western Australian market. Capic is an established supplier of chemicals for water treatment applications, focusing on “high value add”, high-margin, specialty products including scale and corrosion […]
De.mem eyes strong 2021 outlook driven by growing revenues and momentum
Water and wastewater treatment company De.mem (ASX: DEM) is forecasting a strong outlook for 2021 driven by visible revenues and positive operating momentum, according to its consolidated 2020 full-year financial report. The Australian-Singaporean company has confirmed its first positive quarter of operating cash flow was achieved in December 2020 of $544,000 – a milestone it […]
