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De.mem Ltd. ( (AU:DEM) ) just unveiled an update.
De.mem Limited has issued 3,575,254 fully paid ordinary shares at $0.102 per share to the vendors of Core Chemicals Pty Ltd as part of its acquisition deal. This strategic move is expected to enhance De.mem’s market position by integrating Core Chemicals’ capabilities, potentially benefiting stakeholders through expanded service offerings and operational synergies.
More about De.mem Ltd.
De.mem Limited is a decentralized water and wastewater treatment company that designs, builds, owns, and operates turnkey systems for industries such as mining, electronics, chemical, oil & gas, and food & beverage. The company also provides clean drinking water solutions for municipalities, residential developments, and hotels/resorts across the Asia Pacific. Headquartered in Australia, De.mem has international locations in Singapore, Germany, and Vietnam, and commercializes advanced technologies developed with Nanyang Technological University in Singapore.
Average Trading Volume: 236,657
Technical Sentiment Signal: Hold
Current Market Cap: A$35.16M
For a thorough assessment of DEM stock, go to TipRanks’ Stock Analysis page.