Building & Engineering

Civmec net profit down almost 17% YoY in H1 2025

Administrative expenses increased by 18.3% during the period.

MRT Corp, Sunway to build $787m Bukit Chagar mixed-use hub

Construction is scheduled to begin in March 2025.

ST Eng’g wins CFM56-7B, LEAP-1A contracts from Middle East operators

The contracts involve maintenance, repair, and overhaul (MRO) works.

ISOTeam secures 25 new contracts worth $36.4m

The company said it strengthened the group’s order book to $188.7m.

Keppel core earnings to see 8% CAGR in next two years: DBS

This is due to expanding funds under management.

ST Engineering secures new contracts worth $4.3b in Q4 2024

Its Commercial Aerospace segment clinched several new contracts worth about $1.8b.

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.