Memiontec Holdings Ltd. · SGX:TWL
Memiontec — Corporate Update (May 2020)
7 slides from Memiontec's corporate update, May 2020
Slide 1: Impacts of COVID-19 on Memiontec Group
MEMIONTEC HOLDINGS LTD. IMPACTS OF COVID-19 ON MEMIONTEC GROUP
Slide 2: Impacts of COVID-19 on Memiontec Group: Overall Situation
The COVID-19 pandemic has undoubtedly affected many Impacts of businesses and we expect this to have an impact on our businesses and operations as well. COVID-19 on Memiontec In both our key markets, the Group is considered as an essential services company being a core contractor of PUB Group: i
Slide 3: Singapore: Current Situation under CB
For the TSEPC works for Tuas South Desalination Plant, a project classified as critical water infrastructure by PUB, works are currently still on-going, albeit at a slower pace due to disruption from the short-supply of skilled workers and equipment. Singapore: Generally, OMS works are classifie
Slide 4: Indonesia: Current Situation under Lockdown
For our BOOT and TOOT projects, we continue to carry out the operation and maintenance activities to produce water for sales to PT JUP and PDAM (commenced since mid-December 2019) and industrial customers. Indonesia: Current Situation While certain Indonesia TSEPC projects are impacted (1 deferr
Slide 5: China: Current Situation After Lockdown
There were delays for the shipment of some goods that were China: scheduled to be delivered from China to Singapore and Indonesia between February and April 2020. Current Situation After Lockdown Our suppliers are trying to catch up with the deliveries as the situation now is normalizing. The Ch
Slide 6: The Road to Recovery: Post-CB/Lockdown
While there may be pent-up demand for TSEPC works in the water industry, with water supply being an essential service, the economic environment going forward will be challenging and it will take some time to recover. The Road to We shall continue to tender and bid for projects related to Tuas Re
Slide 7: The Road to Recovery: Post-CB and Lockdown
Water is one of the most important natural resources for life. Memiontec is proud to play a part in an industry which is regarded by countries as an essential service and integral to lives and communities. We will continue to contribute to the water industry by leveraging our The Road to proprie