Memstart

Memstart: Renowned investor Alan Wang has emerged as a substantial shareholder, with a 5.3% stake in the group. Recall that Alan Wang hold stakes in recent stocks (Hankore / Mermaid) which has outperformed the market remarkably in recent weeks. To highlight, Memstar is in the midst of selling its membrane / key water assets to United envirotech, and a successful sell could see the company transform essentially into a shell company with cash and shares in UEL. While a tad far-fetched, this could possibly transform the group into another possible RTO candidate.