Building & Engineering
Engineering firm DLF queried over series of board resignations
Its group CFO resigned after serving for only three months.
Engineering firm DLF queried over series of board resignations
Its group CFO resigned after serving for only three months.
Construction demand expanded 9.5% to $33.4b in 2019
Demand for petrochemical facilities spurred growth.
Tee International bags new engineering, construction contracts for $20m
The company’s outstanding order book stands at $364m to date.
ST Engineering's orderbook hits all-time high at $15.9b
Small divestments continue to optimise its business portfolio.
Hiap Seng Engineering suspends share trading amidst restructuring
It eyes scaling down its EPC projects.
Surbana Jurong bags 15,000-unit housing project in India
It will provide master planning, concept design and project management.
ST Engineering expands smart city business to Israel
It set up a subsidiary with an initial investment of $360,000.
ST Engineering eyes doubling smart city revenue to $1b by 2022
Its Newtec buy could give the business segment a boost.
ST Engineering sells two Australian pilot schools for $9.3m
It sold all its shares in the academies to Australian airline company REX Holdings.
Tiong Seng secures $125m green loan from OCBC, DBS
It will be used to build green buildings and generate renewable energy.
Sembcorp Industries profits sink 13% to $71m in Q3
Lower revenues from rigs and floaters dragged on turnover growth.
United Engineers' Q3 profits skyrocket tenfold to $84.84m
Bigger contributions from its property segments drove growth.
ST Engineering profits up 3.4% to $139.14m in Q3
Contributions from MRAS boosted profits in the Aerospace sector.
Simon Keswick retires as Jardine Matheson managing director
He has taken on leadership roles in the company for five decades.
Sembcorp Marine bags contract to build Shell FPU in Gulf of Mexico
It will operate in the Alaminos Canyon Block 772 upon completion in 2022.
Keppel Land injects $33.9m into Indian coworking startup Smartworks
Smartworks has 23 centres across nine cities.
Lian Beng Group bags $173m contract to build condo towers
The construction of two 36-storey towers at River Valley Close will start in November.
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