Building & Engineering
Keppel's net profit falls sharply by 92% YoY to $304m in H1 2024
Keppel's net profit falls sharply by 92% YoY to $304m in H1 2024
Excluding legacy O&M assets, net profit from continuing operations would be 7% YoY higher.
KTC Civil Engineering bags $590m contract for CR19 Jurong Lake District station
It will begin construction work in the fourth quarter of 2024.
Hong Leong Asia names Josephine Lee as new CFO
Lee was previously the CFO of Frasers Hospitality Asset Management and Fraser Hospitality Trust Management.
Start-up streamlines construction process with AI document handling
With Civils.ai, construction companies can save up to 20% in costs.
AusGroup delists from SGX-Mainboard
The company is currently insolvent with debts exceeding its realisable assets.
Pan-United announces leadership changes, Ken Loh to be new CEO
Loh will replace May Ng.
IES Singapore launches $210,000 scholarship fund for eng’g college students
They also inked an MOU with Singapore Space Technology Limited.
Keppel consolidates units in strategic merger
The company has merged two of its subsidiaries to streamline organisational structure.
Oiltek wins new contract, pushes order book to an all-time high of $124m
The firm expects to fulfill its order book over the next 18 to 24 months.
Jalan Boon Lay data centre marks ST Engineering's fourth in SG
The company aims to complete the facility in 2026.
Alpina consortium wins $115.7m contract for facilities management
The contract will commence in January 2025.
MAS and CAD probe Seatrium on potential links to Brazil corruption case
The potential offences include corruption, drug trafficking, and serious crimes.
ST Engineering lands $100m in new ammunition orders from Europe
The orders comprise NATO standard 155mm and 40mm ammunition.
Soilbuild lands $647.5m deal to build PSA Supply Chain Hub
The project is slated for completion by Q3 2027.
Yongmao Holdings settles crane incident with CMNT Investment
The incident involved a tower crane sold by Yongmao Machinery to CMNT in 2016.
Surbana Jurong’s ‘Campus in Nature’ transcends sustainable innovation, scale employee productivity
The SJ Campus hosts 4,000 of Surbana Jurong’s talent across architecture, engineering, and other teams.
ST Engineering launches ‘BrightCity’ smart water solution
It offers a cost-effective and end-to-end solution for smart water meter monitoring and control.
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