De.mem Limited Announces New Board Appointments to Drive Global Expansion

The latest update is out from De.mem Ltd. ( (AU:DEM) ).

De.mem Limited has announced changes in its board composition, appointing Mr. Andreas Hendrik De Wit as the new Non-Executive Chairman. Mr. De Wit, who has extensive international board and leadership experience, previously served as CEO of Asia Pacific for Fresenius Medical Care. His strategic and capital markets experience, along with his significant shareholding in De.mem, positions him to lead the company’s next phase of global expansion. The board also appointed Michael Edwards as the lead independent director, who has been instrumental in De.mem’s ASX listing and expansion efforts.

More about De.mem Ltd.

De.mem Limited is an Australian headquartered, international 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. De.mem offers a comprehensive range of equipment, services, chemicals, and consumables, and its advanced water treatment technology includes proprietary hollow-fibre membrane technologies developed in partnership with Nanyang Technological University in Singapore.

YTD Price Performance: -15.38%

Average Trading Volume: 98,107

Technical Sentiment Signal: Buy

Current Market Cap: A$32.22M

For an in-depth examination of DEM stock, go to TipRanks’ Stock Analysis page.