Jurong Region Line

Broker's Calls

RHB reiterates ST Engineering recommendation despite Covid downside risks

Strong growth in 2021 has yet to be priced in and dividend yields are likely to remain consistent despite an earnings downgrade.

Contracts

Yongnam’s joint venture clinches $320.4 mil contract for Jurong Region Line

This contract award is expected to have a positive impact on Yongnam’s financial performance for the year ending December 31.

Contracts

Chip Eng Seng bags $227 mil LTA contract to design, construct two Jurong Region Line stations

The contracts will see the group design and construct Gek Poh and Tawas stations, as well as two associated viaducts located along Jurong West Street 75 and between the stations.

Broker's Calls

1 Tengah town, 2nd CBD, 3 MRT lines behind CMT's Westgate buy

SINGAPORE (Aug 28): Capitaland Mall Trust (CMT) announced it was acquiring the balance 70% of the units in Infinity Mall Trust (IMT) which holds Westgate mall.
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