Building & Engineering
ST Engineering bagged $68mn worth of contract
ST Electronics will develop a highly flexible simulation system for various armoured vehicles.
ST Engineering bagged $68mn worth of contract
ST Electronics will develop a highly flexible simulation system for various armoured vehicles.
BBR Holdings' earnings double for 1Q11
The jump in the company's revenue was attributable to higher construction revenue and its maiden contribution from property development project, Lush...
BBR Holdings net profit doubled to $9.4mln in 1Q 2011
This was on the back of $109.4mn revenue for the first quarter ended 31 March 2011.
SATORP project skews Rotary Engineering's 1Q11 results
The 27% YoY fall in the company's revenue to S$130.5mln was due to the project's progress from the engineering and procurement to the construction...
ST Electronics to divest interest in subsidiary
ST Engineering's electronic arm entered into an agreement to sell its entire 51% equity interest in Brightspot Interactive Learning Pte Ltd (BSIL).
Keppel, Seafox secure first job in offshore wind market
A contract from the joint-venture Aarsleff Bilfinger Berger Dan Tysk, worth in excess of EUR 35 million, has been secured for SEAFOX 5.
ST Engineering Aerospace arm secured about $320mn worth of contracts in 1Q 2011
These contracts for the Aircraft Maintenance & Modification, Component Total Support and Engine Total Support businesses will be carried out at its...
Lian Beng profit leapt 111% in nine months to February 2011
Net profit doubled to $36.6 million for the nine months ended February 2011.
Keppel order wins could reach $5.5bn in 2011
Standard Drilling, Keppel's customer, will be buying two jack-up rigs being built for Clearwater.
Rotary Engineering CFO Koh Thong Hean resigns
Koh Thong Hean, age 44, resigns from the Company to pursue another career oportunity.
KPMG raises “going concern” issue about Asia Environment Holdings
The company recorded a deficit in net current assets of RMB573mln and RMB159mln, respectively, as of 31 December 2010.
Keppel receives US$8mn for early delivery of Alpha Star
The DSS 38 ultra deepwater semisubmersible rig was delivered a record four months ahead of schedule.
NParks provides incentives for 'Sky-high' greenery
National Parks Board will fund 50 per cent of installation costs and increase prize money for Skyrise Greenery Awards.
COSCO subsidiary to build two drilling rigs worth US$525mn each
A letter of intent has been signed by COSCO Nantong Shipyard with Sevan Drilling Rig V and Sevan Drilling Rig VI in respect of 2 turn-key EPC...
ST Engineering counters termination of contract
LDA's cancellation of contract is a breach so they are cancelling the Ropax contract on the basis of LDA's breach.
ST Engineering required to pay $129mn
The company could be liable for damages up to 10% of the Ropax contract value.
ST Engineering client terminates shipbuilding contract
Louis Dreyfus Armateurs have alleged that there is a delay in the delivery of the Ropax vessel from ST Marine, the marine arm of ST Engineering.
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