Building & Engineering
Keppel O&M bags US$425m repeat order for semisubmersible rig from Awilco
Keppel O&M bags US$425m repeat order for semisubmersible rig from Awilco
The rig is set to be completed on 1Q 2022.
Compact Metal Industries to delist on 8 March
The high court has approved its proposed restructuring scheme.
United Engineers' profits crashed 36% to $53m in FY2018
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
It will provide maintenance services for the customer’s 160 aircrafts starting 2020.
ST Engineering buys back 2 million shares for over $7m
The price per share ranged from $3.66 to $3.7.
ST Engineering's FY18 profits down 1.7% to $494.24m
It blamed the 39% drop in earnings from its land systems sector.
China's bloated PPP pipeline hit $1.95t in 2018
The total investment is almost double that recorded in end-2016.
ST Engineering sets up joint venture to explore satellite and space technology
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
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
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
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
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
The firm has a market capitalisation of approximately $65m.
Keppel Infrastructure Trust's profits slid 32.7% to $32.02m in 2018
It blamed lower contributions from gas supplied City Gas and lower revenue at Basslink.
Sanli clinched $51m of PUB contracts
This will bolster the firm’s order book to $185.9m.
Singapore shuns tightening amidst global economic slowdown
The government can afford to pursue looser monetary policy amidst its strong fiscal position.
Malaysia's construction industry growth to slow 4.3% in 2019
The government has been actively suspending infra projects to shed debt.
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