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An update from De.mem Ltd. ( (AU:DEM) ) is now available.
De.mem Ltd announced a strategic distribution agreement with Firmbase Pte Ltd to expand its presence in Asian markets, specifically targeting China, Indonesia, and Japan. This partnership marks a significant step for De.mem as they have received their first commercial order worth $15,000 from Firmbase Singapore for their compact Ultrafiltration systems, marking successful entry into the substantial Chinese home water filtration market. De.mem’s standardized Ultrafiltration membrane systems, featuring NSF-certified components, cater to both residential and industrial applications, enhancing their market positioning in the growing water filtration industry.
More about De.mem Ltd.
De.mem Ltd is an international water technology company headquartered in Australia, specializing in advanced water treatment solutions. The company focuses on developing innovative filtration systems, including its National Sanitation Foundation certified Graphene Oxide enhanced membranes, designed for residential, municipal, and small industrial applications.
YTD Price Performance: 7.69%
Average Trading Volume: 65,815
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$40.99M
For detailed information about DEM stock, go to TipRanks’ Stock Analysis page.
