Water is an essential part of our lives, but ever wondered who are the ones behind the clean water we use and drink everyday?

Our guest for today is Memiontec, a Catalist-listed water treatment company that designs and builds systems and water treatment plants in countries such as Singapore, Indonesia and China. 

Recently, the company also moved into financing, operating and maintaining plants and selling their treated water. But what was the reason behind the firm diversifying its revenue streams?

Meanwhile, Memiontec clinched its largest contract worth S$56.6 million to install equipment for the Changi Water Reclamation Plant last year and started expanding to Vietnam. But what do the developments mean for the firm’s balance sheet? 

Also, the company intends to achieve a market capitalisation of S$500 million by 2026, up from the S$132 million when it was listed on the Catalist board in 2020, but how does it intend to do so?

On Under the Radar, finance presenter Chua Tian Tian sat down with Tay Kiat Seng, CEO, Memiontec for more.

Water is an essential part of our lives, but ever wondered who are the ones behind the clean water we use and drink everyday?
Our guest for today is Memiontec, a Catalist-listed water treatment company that designs and builds systems and water treatment plants in countries such as Singapore, Indonesia and China. 
Recently, the company also moved into financing, operating and maintaining plants and selling their treated water. But what was the reason behind the firm diversifying its revenue streams?
Meanwhile, Memiontec clinched its largest contract worth S$56.6 million to install equipment for the Changi Water Reclamation Plant last year and started expanding to Vietnam. But what do the developments mean for the firm’s balance sheet? 
Also, the company intends to achieve a market capitalisation of S$500 million by 2026, up from the S$132 million when it was listed on the Catalist board in 2020, but how does it intend to do so?
On Under the Radar, finance presenter Chua Tian Tian sat down with Tay Kiat Seng, CEO, Memiontec for more.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Under the Radar: Memiontec’s CEO on the growth of the global water treatment technologies market; On diversifying into financing, operating and maintaining plants; S$113m order book; Venture into Vietnam and reliance on Indonesia and overseas markets; Reaching S$500m market capitalisation

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