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Company in the news
SembMarine’s weak 2Q results lead to analyst downgrades; company stays tight-lipped on police raid at Brazilian unit
Disappointing order book
For 2QFY2019, SembMarine reported a net loss of $9 million. This was 85% lower than a net loss of $56 million in the same quarter last year. Revenue more than halved to $731 million from $1.63 billion previously. However,
August 01, 2019
SE Asia Stocks
Federal International (2000) secures $80 mil in new orders
SINGAPORE (Oct 1): Federal International (2000) says it secured five contracts amounting to a total of US$58.4 million ($80 million), the largest being a US$51.3 million five-year charter hire contract for Federal II, a floating, storage and offloading (F
October 01, 2018
Sapphire Corp secures $87.2 mil engineering & construction contract in Hangzhou
SINGAPORE (Sept 17): Sapphire Corporation has secured a contract valued at RMB 436 million ($87.2 million) for the engineering and construction of core infrastructure structures for an urban subway system in Hangzhou, China.
September 17, 2018
Acromec secures 3 new contracts worth $6.2 mil
SINGAPORE (July 3): Acromec, the specialist engineering provider, has secured three new contracts amounting to about $6.2 million.
July 03, 2018
ST Electronics records $742 mil worth of contract wins in 4Q
SINGAPORE (Jan 18): ST Electronics has clinched about $742 million worth of contracts over 4Q17, bringing the total value of new orders secured in 2017 by its parent company, ST Engineering, to $2.24 billion.
January 19, 2018
TTJ order book hits $170 mil with new contract wins
SINGAPORE (Nov 24): TTJ Holdings says its order book has expanded to $170 million from $152 million recorded on Sept 25 after factoring in the latest series of contract wins.
November 24, 2017
Results
ST Engineering's 3Q earnings up 67% to $128.4 mil on absence of one-off charge
SINGAPORE (Nov 8): ST Engineering posted a 67% increase in 3Q17 earnings of $128.4 million compared to $76.7 million a year ago due to the absence of a $61.1 million one-off charge incurred in 3Q16 for its Specialty Vehicle business in China.
November 08, 2017
Property
Soilbuild awarded $50.4 mil contract for industrial factory development at Kallang Way
SINGAPORE (Oct 5): Soilbuild Construction Group has been awarded a project worth $50.4 million by SB (Waterfront) Investment for the proposed erection of a seven-storey, single-user general industrial factory development at the Geylang Planning Area’s 1
October 05, 2017
TTJ announces $166 mil order book on new contract wins
SINGAPORE (May 22): TTJ Holdings has announced an order book of $166 million as of today.
May 22, 2017