Austal

Analysts from Maybank Securities, OCBC Investment Research (OIR) and Lim & Tan Securities have recommended investors “wait” for the final offer.

SINGAPORE (Nov 24): Civmec, the multi-disciplinary construction and engineering services provider, will be engaged in Australia’s upcoming A$4 billion ($4.1 billion) project to construct offshore patrol vessels (OPVs) as part of the country’s efforts

(Oct 16): The latest US Littoral Combat Ship to arrive in Southeast Asia is combat ready, according to a senior Navy officer, after a series of mechanical snafus cast doubt on the ability of the vessels to operate effectively in shallow coastal waters.