Australia's De.mem surges on deal with Singapore firm, China market entry

DE.Mem

11/02/2025 04:13

** De.mem  DEM.AX  jumps 7.7% to A$0.14; set for biggest
intraday pct gain since January 28
    ** Wastewater treatment business signs new distribution
agreement with Singapore-based Firmbase
    ** Gets first commercial order for its filtration systems
from China, highlighting entry into the ~$2 billion Chinese home
water filtration market
    ** Says agreement allows co to enter key Asian markets in
China, Indonesia and Japan
    ** DEM gained 7.7% last month

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))