Building & Engineering

Better traction in Smart City solutions could boost ST Engineering's order book
16 May 19
Its Newtec acquisition and satellite communications business makes it a standout for Smart City initiatives.
Sembcorp Industries could bank on Indian business recovery
16 May 19
Its renewable generation pumped in $15-20m profits a quarter in 2018.
Sembcorp Industries' profits jumped 21% to $93m in Q1
15 May 19
Its profit from its energy business grew 21% to $85m.
Singapore ranked as fourth costliest Asian city to build in
9 May 19
The construction sector shrank by 3.4% in 2018 due to a slowdown in public sector construction activities.
How Shimizu Corporation plans to give Singapore more space by the sea
29 Apr 19
Its floating city project, Green Float, can house up to 50,000 people.
Golden Energy and Resources to launch Singapore innovation centre
29 Apr 19
It will focus on tech for mining and construction.
Is the icy spell of ST Engineering's marine division finally over?
25 Apr 19
Its US subsidiary won a contract for a US Navy Polar Security Cutter with options of up to $2.6b.
ST Engineering bags $2.6b polar security cutter contract from US Navy
24 Apr 19
The first ship will be delivered in 2024.
ST Engineering nabbed contracts worth $2.1b in Q1 2019
23 Apr 19
Its aerospace sector clinched projects amounting to $1.3b.
Tiong Seng wins $190m development contract for Outram site
22 Apr 19
It will work on 774 units and four levels of basement carparks.
Keppel Infrastructure Trust sinks into the red with $16.21m loss in Q1 2019
16 Apr 19
The $775m acquisition cost of Ixom hit profits hard.
Keppel Infrastructure-led consortium clinches $52.5m Jurong Island project contract
16 Apr 19
It will design and build two crude oil pipelines and ancillary facilities which will connect to Jurong Rock Caverns.
ST Engineering gets green light from US to buy MRAS
15 Apr 19
The acquisition is set to close in the week beginning 15 April.
Nam Cheong auditors can't decide on using ‘going concern basis' for assessment
3 Apr 19
It said if Nam Cheong continues operations, they could be unable to discharge their liabilities.
Tritech Group arm bags $146.65m partnership project in China
3 Apr 19
It will build a sewage treatment plant and associated pipe networks in Laifeng County.
Sanli Environmental bags O&M contracts with PUB
3 Apr 19
The firm participate in the overhaul of centrifugal pumps, disintegrators and related equipment.
SIA Engineering Company inks $1.4b services deal with SIA
2 Apr 19
SIAEC will provide MRO and fleet management support services to SIA’s fleet.
CIMIC's construction arm bags $114.69m contract
1 Apr 19
It will turn 3.6 km of a two-lane road to a four-lane divided road in Western Sydney’s Northern Road.
ST Engineering may see $200m in sales and cost savings from Newtec buy: analyst
29 Mar 19
The earnings contribution may hit over $10m by FY21 and onwards.
ST Engineering to buy Belgium satellite communications firm Newtec for $383m
28 Mar 19
The proposed acquisition will add intellectual property, products, and market access in Europe.
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.

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