Building & Engineering

LPH hits first oil in Benin but warns of formal restructuring risk

Drilling delays and cost overruns strain the group’s financial position.

Mencast Holdings to divest Penjuru Road property in $21m deal

The sale is expected to yield a $7.7m gain and repay loans.

CSE Global FY2025 new orders hit $1b as Q4 electrification triples

The group closed the year with an order book of $709.5m.

Koh Brothers Eco returns to black with $6.8m earnings in 2025

KBE reversed its $17.1m FY2024 loss as construction revenue doubled to record levels.

Avi-Tech posts $1.0m H1 loss as revenue slips

Loss for the period widened to $990,000 from a $231,000 loss a year earlier.

Soilbuild bags $158m new construction and precast contracts

The company’s order book also rose to $1.07b as of end-2025.

Mission-critical infrastructure pivot fuels Ever Glory United’s $732m order book

CEO Xu Ruibing says the backlog reflects client confidence in hotel and transport projects.

Nanofilm to set up Dongguan joint venture

Proceeds will be used to support the venture’s working capital and business expansion.

TEC opens 13th Singapore hub to anchor global MNCs

TEC’s new facility at IOI Central Boulevard Towers offers 300+ workstations.

Ley Choon's $43.6m new contracts guarantee project revenue through 2029

The contracts cover works for underground utilities services and road facilities.

ST Engineering maps new milestones for space programme

NEBULA delivery targets the second half of 2026.

Groundup.ai targets Industry 5.0 via new AI academy

Key sectors include maritime, manufacturing, and critical infrastructure.

Construction earnings peak pushed to FY29 on $43-$53b demand estimate

An estimated addition $5.5b in contracts are expected to be awarded in 2026-2027.

Construction to outperform as public works anchor $30b–$40b demand: UOB

PUB puts the full DTSS programme at about $10b, whilst the Cross Island Line is seen above S$40b.

Construction hits $53b record peak on Changi T5 surge

Total construction output is expected to rise as high as $46b dollars during 2026.