Home Economy Memiontec receives $56.6 million order from PUB, its largest order to date

Memiontec receives $56.6 million order from PUB, its largest order to date

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Memiontec receives $56.6 million order from PUB, its largest order to date

This new order includes the installation of membrane bioreactor equipment with a processing capacity of 22 MIGD at Changi water reclamation Stage 2 (Phase 2 of Changi Water Treatment Plant)C22C, request.

Work is scheduled to begin on the contract in May 2022 and the contract period is estimated to be around 23 months

Acceptance of the application brought the collection backlog to approximately S$120 as of March 23, 2022. million increase (31. December 2021: S$78 Millions)

The request is expected to be linked to the Group’s financial results for the life of the order

Singapore, March 24, 2022 Memiontec Holdings Limited („Memiontec“or”Mingtai Holdings‘ or ‘company’ together with The Affiliates dHe isGroup‘), a provider of comprehensive water solutions in Asia, announces that the group has secured an order of S$56.6 million (the “Order”) from the Public Utilities Board (“PUB”), the National Water Authority of Singapore.

As part of the order the group Membrane Bioreactor Equipment With Processing Capacity 22 MIGD In Changi water reclamation Stage 2 (Phase 2 of Changi Water Treatment Plant)C22C command, install. Contract work is scheduled to begin in May 2022 and the contract term is estimated to be around April 23 estimated months.

Excluding any unforeseen, unexpected or unusual circumstances or events, the Board of Directors expects the contract to be beneficial to the Group’s financial results throughout the term of the contract as well. net assets per share and das Earnings per share for the current fiscal year ending on the 31st. December 2022.

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to hand in Tips Singh (Zheng Jicheng), executive Director And CEO Memionteche said: “Securing this request from PUB is for Memiontec A huge hit in terms of value and technical complexity.

This order replaces the recently completed project to completely replace the membrane filtration system in the desalination plant is yours South (the largest desalination plant in Southeast Asia), valued at S$33.2 Millions, as the group’s largest single order to date.

Singapore has been one of our key markets for over 20 years and securing this demand reflects our commitment and technical ability as a comprehensive water treatment solution.

Our goal is to continually support PUB in its efforts to improve and expand Singapore’s water infrastructure and capabilities.”

This press release must be related to an advertisement Memiontec Regarding the March 24, 2022 contract, it can be consulted at the following links: www.sgx.com And the http://memiontec.com/announcements/.

About Memiontec Holdings Ltd.

(Bloomberg Code: MHL: SP /SGX-code: SYM.SI)

Memiontec Holdings Limited („Memiontec“or the “Company” and with its subsidiaries, the “Group”) is a Singapore-based company specializing in all aspects of water treatment and purification with over 20 years of experience providing water and wastewater related services throughout Singapore, Indonesia and the People’s Republic of China. With a synergistic business model that encompasses the entire value chain of water management, the group has 4 important business areas:

Comprehensive solutions with detailed design, procurement and construction (TSEPC) services;

Operation, maintenance and servicing of water and wastewater treatment plants (OMS);

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Sale and distribution of water treatment systems and trade (SDS .). and trade); And the

Sale of Water (SOW) by Transfer-Ownershipthe work-transfer- (tut) – and Builds-King-the workBOOT projects involving partnerships or joint ventures with public or private companies for recurring income.

Developed through the use of membrane processes, ion exchange processes, physical, chemical and biological processes as well as the use of interior design, manufacturing and assembly capabilities Memiontec Reliable, compact, cost-effective, innovative and space-saving wastewater and wastewater treatment solutions for the entire water management value chain.

Introduced over 20 years ago Memiontec For water treatment in Asia for both the municipalities and different industrial sectors, and has developed close business relationships with clients in the public and private sectors in the region, such as the Public Utilities Board (PUB), Obayashi Singapore , Boca singapore company, petrochemicals Corporation From Singapore, PDAM (Indonesia National Water Authority), PT Jackbrough (Government Infrastructure Developer in Jakarta), PT PP, PT Abipraya SafeAnd the SinarmasAnd the lipo etc.

For more information, see http://memiontec.com/

Posted by 8PR Asia BTE Ltd. in the name of Memiontec HOLDING LIMITED

Contacting investors and the media:

Mr. Alex Tan

Car: +659451 5252

e-Mdisturb: [email protected]

This press release was published by Memiontec Holdings Ltd. (das „companyCreated. Content provided by company sponsor, ZICO Capital BTE. Ltd. (the “sponsor‘), in accordance with applicable regulations (Rule 226(2)(b), Singapore Exchange Securities Trading Limited („SGX-ST‘) listing directory, Section B: the rules From catalyst) verification.

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This press release has not been reviewed or approved by the SGX-ST Securities and Exchange Commission and SGX-ST assumes no responsibility for the contents of this press release, including the accuracy of any statements, opinions or reports contained in this press release.

The contact point for the sponsor is Ms. Guo Mei Xian, DirectorZico Capital BTE. Ltd. at 77 Robinson Road #06-03 Robinson 77, Singapore 068896, Tel (65) 6636 4201.

The source language (usually English) in which the original text is published is the official, authorized, and legal version. This translation is included for better understanding. The German version can be abbreviated or abbreviated. No responsibility or liability is accepted for the content, correctness, adequacy or accuracy of this translation. From the translator’s point of view, the report does not constitute a buy or sell recommendation! Please refer to the original English message www.sedar.comAnd the www.sec.govAnd the www.asx.com.au/ Or on the company’s website!

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