Building & Engineering

Overseas contracts bring good news to TEE

Analyst says TEE’s current outstanding order book is already tilted more towards overseas projects versus local ones. Read ››

CSE issues profit warning on 4Q11 results

As revenue from its engineering contracts turned out lower than expected for the quarter. Read ››

CNA Group reassigns Chue Fook Chee as CEO of the Asean region

Chue has been redesignated from being COO. The Board of CNA Group announced the redesignation of Chue Fook Chee as Chief Operating Officer. Read ››

Will oversupply work to STX OSV's advantage?

The Main Board-listed shipbuilder holds the premium ace amid a sea of other OSV makers, says OCBC. Read ››

SIA Engineering’s revenue soars 13% to $303m in 3Q11

Things are looking good for the group as revenue from its fleet management programme surged in 2011. Read ››

Tiong Woon bags contract for largest sea water desalination plant in Singapore

Work on the project will commence shortly and is scheduled to be completed by the end of December 2012. Read ››

Progen Holdings names new Finance and Business Development Director

Dato Paduka Dr Mohd Amin Liew Abdullah has wealth of experience in finance, business research and development. Read ››

Natural Cool Holdings Chief Financial Officer resigns

Mr. Yun was tasked to supervise the various functions of accounting, financial reporting, cost mangement accounting. Read ››

STX OSV sale by April?

Talk is growing that the debt-heavy shipbuilder will be snatched up soon, notes AmFraser. Read ››

Natural Cool appoints Leaw Weu Siang as Chief Financial Officer

He will supervise the Group’s various functions of accounting, financial reporting, cost management accounting, foreign exchange management, and financial systems. Read ››

Did ST Engineering contracts dry up last quarter?

Two sectors in the engineering conglomerate showed resilient strength to win $350 million in contracts in 4Q2011. Read ››

Cosco Corporation shipyards deliver finished vessels

Four bulk carriers sent off to buyers in Europe and Asia. Read ››

Indian cement companies in for a cash squeeze

Threat of lower profits may cause a liquidity scare, warns Fitch. Read ››

Lian Beng steady, says Kim Eng

The company is on track to meet analyst’s 12.5% growth forecast. Read ››

TEE heading in the right direction: OCBC

Venturing overseas to replenish order book and search for higher yielding projects is apparently a smart move. Read ››

Lian Beng disappoints: OCBC

YTD sales of S$237.7m are down 4.7% YoY. OCBC Investment Research said: Lian Beng reported 1HFY12 numbers that are slightly below our expectations. Read ››

IEV Holdings appoints Muniandy Thannimalai as Vice President of Operations

He has accumulated 30 years of experience in the oil and gas field. Read ››

IEV Holdings appoints Justin Yong Joon Ming as Vice President, Mobile Natural Gas Sector

Mr. Yong was reassigned to his new post from being Vice President of Operations. Read ››

Hai Leck Holdings Cheng Yao Tong as Chief Executive Officer and Executive Director

Mr. Cheng will be tasked to oversee management and development, as well as sales and marketing of the Group’s business. Read ››

Spindex Industries appoints Wong Liang Kwang as Group General Manager

Mr Wong will oversee the operations of the Group’s plants. Read ››

EMS Energy appoints Koh Choon Kong as Chief Financial Officer

Mr Koh kicked off his more than 15 years of financial and business experience in Price Waterhouse Singapore. Read ››

Has Keppel Corp struck a contract gold mine?

DMG seems to think so, predicting more semisub orders after its current win. Read ››

Building boom: Construction sector to be robust in 2012

Up to S$28b worth of construction contracts up for grabs in the next two years. Read ››

On a roll: Sembcorp Marine bags another shipyard contract

Subsidiary Sembawang Shipyard secures $140 million vessel conversion project. The Equinox Offshore Accommodation Limited has tasked Sembcorp Marine to convert a ropax vessel to a DP2 Accommodation and Repair Vessel (ARV), the shipbuilding company said in a release. Read ››

Sembcorp Marine rig contract win has growth caveats

Phillip Capital maintains Hold recommendation due to doubtful rig order prospects. Read ››

CNMC Goldmine appoints Sharon Ting Shu Hwei as IT and Administration Manager

She will be tasked to oversee Group’s Information Technology and Administrative functions. Read ››

UE E&C stays strong with contract wins of over S$380m in 2011

It was a good year for the group as its order book was estimated to have amounted S$600-800m this year. Read ››

Price famine for commodity producers in early 2012

New lows expected in Q1, before rebounding midway through next year. Read ››

Yongnam bags three contracts worth S$29.3 million

MRT Downtown Line 3 and Jurong Island petrochemical plant to be finished 2014 and 2012, respectively. Read ››

HOE vessels business, a deadweight -- OCBC

Luckily, its equipment parts core business will do some heavy lifting in revenues. Read ››

Robust year ahead for OKP as order book amounts to S$400m

OCBC says the group’s order book already offers revenue visibility until 2014. Read ››

Next-Gen Satellite appoints Robert Scott Zimmer as Executive Director

Mr. Zimmer was a strategic consultant and Senior Advisor for EchoStar International Corporation. Read ››

Keppel breaks ground for phase two of Saigon Centre

The integrated mixed-use development is set to position Ho Chi Minh City as a coveted live-work-and-play city. Read ››

ST Engineering's US shipyard bags $441mn deal

The company to produce 8 offshore supply vessels for Hornbeck Offshore Services. Read ››

Amtek Engineering’s profit disappoints at US$9m in 1Q12

DBS says 2Q12 will be negative for Amtek as its Mass Storage segment has been affected by the floods in Thailand. Read ››

Keppel Singmarine inks 2 S$47mn contracts

The deals are construction of Coal Transshipment Barge for PT Indo Straits Tbk and construction of three tugboats for a new customer, an international shipping company. Read ››

PEC’s revenue up 2% to S$110m in 1Q12

However, its profit plummeted 71% due to stiffer competition in the market. Read ››

Otto Marine’s president and group CEO retires

Lee Kok Wah was responsible for developing and implementing the strategic plan for the Group. Read ››

Boustead 2Q FY2012 profit up 13% to S$9.1mn

Yet its 1H FY2012 profit fell 56% to S$17.6mn. Mainboard-listed Boustead Singapore Limited (“Boustead” or the “Group”), a progressive global infrastructure-related engineering services and geo-spatial technology group today announced its unaudited financial results for the second quarter ended 30 September 2011. Read ››

Yongnam third quarter profit up 23.3% to S$16.8m

The company obtains a strong order book of S$480mn as at Sept 30, 2011. Read ››