Building & Engineering

Lian Beng Group bags $117m construction deal
19 Mar 19
Its order book stands at $1.32b as at 18 March.
Keppel Infrastructure Trust raises placement and preferential offering proceeds by 11% to $500.8m
15 Mar 19
It cited strong demand from investors.
Keppel Infrastructure Trust to raise $450m via private placement and preferential shares
14 Mar 19
It will pay for its $737.04m acquisition of Ixom Holdings.
Reclaims Global opens at $0.179 apiece on trading debut
11 Mar 19
Its initial public offering (IPO) of 20 million invitation shares at $0.23 each was was approximately 1.03 times subscribed.
Keppel O&M bags US$425m repeat order for semisubmersible rig from Awilco
11 Mar 19
The rig is set to be completed on 1Q 2022.
Compact Metal Industries to delist on 8 March
5 Mar 19
The high court has approved its proposed restructuring scheme.
United Engineers' profits crashed 36% to $53m in FY2018
26 Feb 19
The revenue of its property development division declined 81% due to the absence of contributions from two projects.
ST Engineering clinches $813m aircraft maintenance contract with US operator
26 Feb 19
It will provide maintenance services for the customer’s 160 aircrafts starting 2020.
ST Engineering buys back 2 million shares for over $7m
22 Feb 19
The price per share ranged from $3.66 to $3.7.
ST Engineering's FY18 profits down 1.7% to $494.24m
21 Feb 19
It blamed the 39% drop in earnings from its land systems sector.
China's bloated PPP pipeline hit $1.95t in 2018
20 Feb 19
The total investment is almost double that recorded in end-2016.
ST Engineering sets up joint venture to explore satellite and space technology
15 Feb 19
ST Engineering-Geo Insights will offer advanced geospatial analytics amongst other services.
Construction industry to grow 3.3% in 2019-2028 amidst transport megaproject boom
6 Feb 19
Projects in the pipeline include the Thomson-East Coast Line, Changi Terminal 5, and the new Tuas Mega Port.
Chart of the Day: 5 largest SG-focused REITs average returns hit 7.3% in January
6 Feb 19
CapitaLand Commercial Trust recorded a return of 9.1% in January YTD.
Daily Briefing: Authorities unveil national standards for driverless cars; Warehouse operator GLP sells five properties in Japan for $1.11b
1 Feb 19
And Shanghai Tunnel Engineering clinches a $615.9m contract to build a portion of the North-South Corridor expressway.
Tee International order book hits $484m in Q1
23 Jan 19
It clinched new mechanical and engineering contracts including fit-out works for a data centre.
SGX welcomes manufacturing solutions firm Grand Venture Technology to Catalist
23 Jan 19
The firm has a market capitalisation of approximately $65m.
Keppel Infrastructure Trust's profits slid 32.7% to $32.02m in 2018
23 Jan 19
It blamed lower contributions from gas supplied City Gas and lower revenue at Basslink.
Sanli clinched $51m of PUB contracts
22 Jan 19
This will bolster the firm’s order book to $185.9m.
Singapore shuns tightening amidst global economic slowdown
22 Jan 19
The government can afford to pursue looser monetary policy amidst its strong fiscal position.
Malaysia's construction industry growth to slow 4.3% in 2019
21 Jan 19
The government has been actively suspending infra projects to shed debt.
Surbana Jurong unveils new campus in ground breaking ceremony
21 Jan 19
It will be home to the firm’s global headquarters in Singapore.
Keppel Infrastructure Holdings unit clinched $40m pipe rack project
14 Jan 19
It will construct pipe racks along parts of Banyan Drive, Banyan Avenue and the Jurong Island Highway.
China's construction industry to expand by 5.9% in 2019
14 Jan 19
Around 6,800 km of new railways will cement the sector's growth prospects.
CCCS to conduct public consultation on proposals by Chevalier and Fujitec Singapore
11 Jan 19
The two firms are eyeing to sell spare lift parts for the maintenance of lifts in HDB estates.
China's Belt and Road Initiative to remain central to Asia's infrastructure growth: Fitch Solutions
20 Dec 18
Emerging Asian markets such as Myanmar and Bangladesh struggle to attract private construction financing.
Chinese railways set to grow 2.8% from 2019-2027
12 Dec 18
Public-private partnerships will help extend the 27,000 km network.
Restoration and upgrade works may boost Japan's construction expenditure to US$61.93b
12 Dec 18
Its government will spend an additional US$26.5b to upgrade infrastructure affected by natural disasters.
Benefits of SIA Engineering's revamp delayed by competition and demand headwinds
27 Nov 18
Terminal growth is only expected to hit 1% to 0.5% as competition from Chinese firms persist.
From old cinemas to classrooms, military barracks to a hotel, here's how repurposing offers a solution to Singapore's ageing buildings
19 Nov 18
Barracks Hotel will open in 2019 with 40 guest rooms.
Keppel Infrastructure Trust to buy Australian chemical firm Ixom for $775m
16 Nov 18
It will allow Keppel to gain a foothold in the water treatment sector.
United Engineers profit slipped 16% to $7.68m in Q3
15 Nov 18
A sharp decline in property development revenues hit quarterly earnings.
ST Engineering positions for growth as aerospace unit takes flight
15 Nov 18
Aerospace sales are poised to grow by 26.2% in 2019.
ST Engineering profits up 5.3% to $134.59m in Q3
14 Nov 18
Earnings per share grew 5% to $0.432.
SIA Engineering Q2 profits down 1.55% to $38m
9 Nov 18
It blamed lower airframe and fleet management revenue.
Will warming Chinese-Japanese ties plug Asia's infrastructure gap?
7 Nov 18
Growing collaboration will push the Philippine construction sector to grow by 8.8%.
Yongnam bags contracts worth $53.4m
2 Nov 18
Amongst the projects is to design and build a four-storey regional HQ.
Sembcorp Industries Q3 profits slipped 11.6% to $82.33m
2 Nov 18
It blamed its marine segment upon the sale of a semi-submersible and continued low business volume.
Keppel Infrastructure chosen as preferred bidder for Blackstone's Ixom sale
30 Oct 18
The deal could be worth A$1b, reports said.
ST Engineering's Electronics sector to provide platform door services to Jakarta LRT
26 Oct 18
This marks its entry into Indonesia’s metro market.

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