Building & Engineering
ST Engineering secures new contracts worth $4.3b in Q4 2024
ST Engineering secures new contracts worth $4.3b in Q4 2024
Its Commercial Aerospace segment clinched several new contracts worth about $1.8b.
Singtel’s Nxera DCT bags $643m green loan for new data centre in Tuas
The data centre will commence operations in 2026.
Keppel’s FY2024 net profit rises 5% YoY to $1.06b
The infrastructure segment contributed 63% of Keppel’s net profit.
Natural Cool Holdings to sell Kaki Bukit property for $1m
The group is expected to book a net gain of $168,000 from the sale.
HDB expands cool coatings initiative islandwide
Smart electrical sub-meters will also be installed.
Seatrium to build 5,000-tonne heavy lift vessel in Japan
The project will mark Seatrium’s entry into the Japanese offshore wind market.
SLB receives privatisation offer from Lian Beng
Lian Beng is offering $0.23 in cash per scheme share to shareholders.
AcroMeta eyes 60% stake in sand mining concession in Malaysia
The company plans to pay via a convertible loan and a call option.
Construction demand could reach $53b in 2025: BCA
This is due to the expected awarding of contracts for large-scale developments.
Singapore construction costs to rise by 5-6% in FY 2026: JLL
It expects corporate interior fit-out costs to rise by 3-4% between June 2024 and December 2025.
How Singapore is securing steady construction growth
Government initiatives, technology, and global partnerships fuel Singapore's construction surge.
ST Engineering, Oman Broadband partner to develop smart city initiatives in Oman
The collaboration aims to develop an advanced digital infrastructure.
Surbana Jurong signs two MOUs for energy and urban development in India
It will leverage its multidisciplinary consultancy services in master planning.
SIA Engineering appoints MOM permanent secretary as independent director.
The group also announced changes to its board and board committee composition.
ST Eng’g bags shipbuilding contract for a walk-to-work vessel
The project is expected to be completed by H1 2027.
Natural Cool Holdings acquires remaining 49% stake in iFocus for $2.94m
The company will buy 136,639 ordinary shares in two tranches.
Dyna-Mac delists from SGX-ST after Hanwha acquisition
This is due to the compulsory acquisition of the Hanwha Ocean.
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SG60: What the next 10 years have in store for Singapore’s investment landscape