Australia's Parkway Corporate gains on MoU with Hitachi for brine concentration systems
19/05/2026 04:00
** Shares of Parkway Corporate PWN.AX rise 10.5% to A$0.0105, set for their strongest session since April 20, if current trends hold ** The water & wastewater treatment technology firm enters a strategic collaboration with Hitachi Acqua-Tech Engineering Pte (Hitachi) for brine concentration ** Under the agreement, parties will develop ultra-high brine concentration systems ** Parties to also jointly deploy ultra-high brine concentration systems at QBS Brine Management Complex (QBMC) and key markets, including Australia, New Zealand, and MENA ** About 3.3 million shares change hands, 2.3x 30-day average ** Stock down 19.2% this year, including the day's move (Reporting by Sherin Sunny in Bengaluru) ((Sherin.Sunny@thomsonreuters.com))
Recent news on Parkway Corporate
See all newsAustralia's Parkway Corporate soars on mine dewatering contract
Brief: Parkway Corporate Awarded A$2 Million Mine Dewatering Contract
Brief: Parkway Corporate Appoints Ron Douglas As Non-Executive Director And Chairman
Brief: Parkway Corporate Says Shareholders Have Provided Notice Of Intention To Remove Two Directors
Australia's Parkway Corporate gains on MoU with Hitachi for brine concentration systems