Acromec

SINGAPORE (Oct 19): Acromec secured a $7 million controlled environment contract for the fitting-out of a Biosafety Level 3 (BSL3) laboratory of the National Centre for Infectious Diseases (NCID).

SINGAPORE (Oct 10): RHB is downgrading Acromec to “neutral” with a target price of 78 cents, citing a slowdown in government tenders and potential competition from oil and gas engineering companies.

SINGAPORE (Aug 3): Cleanroom facilities engineer Acromec has secured a $10.3 million contract from an existing client.

SINGAPORE (July 28): Acromec is the provider of specialist engineering services in the field of controlled environments, such as laboratories, medical and sterile facilities as well as clean rooms.

SINGAPORE (July 25): Equity markets have turned firmer after early jitters following Britain’s vote to quit the European Union last month, as investors envisaged greater stimuli implemented by central banks to quell post-Brexit chills.

SINGAPORE (July 22): While equity markets have turned firmer since Britain’s vote to quit the European Union last month, we still see elevated market volatility in the months ahead. Notably, stronger US economic numbers have reignited worries of at leas

SINGAPORE (June 24): RHB has initiating coverage for cleanroom and laboratory construction specialist, Acromec, with a “buy” recommendation and a target price of 92 cents.

SINGAPORE (June 2): Acromec, the builder of cleanroom facilities for the healthcare, biomedical, research and electronics sectors, posted half-year earnings of $1.6 million compared to $0.5 million a year ago despite having accounted for one-off IPO expen