PEC

Insider moves

Nordic Group resumes buybacks after 20-month hiatus

Nordic Group's most recent acquisition was to pay $5 million for Avon Industries

M&A

PEC clinches $250 mil worth of new contracts in Asia, Middle East

SINGAPORE (Sept 11): PEC, the plant and terminal engineering specialist, secured $250 million worth of new contracts with existing clients in its key Asia and Middle East markets.

Broker's Calls

PEC’s petrochemical plant business deserves a little more respect

SINGAPORE (Feb 21): KGI Securities says PEC’s current stock price of 60 cents “severely undervalues” the group’s profitable businesses that have been in operations since the 1980s.

Results

PEC wins 7-year maintenance contract in Vietnam

SINGAPORE (Feb 9): PEC has secured a seven-year daily maintenance contract from a new client, Nghi Son Refinery and Petrochemical (NSRP), in Vietnam.
Sembcorp

Broker's Calls

O&G sentiment could recover in 2H17, says OCBC

SINGAPORE (Nov 30): OCBC Investment Research believes the worst might be over for the oil and gas sector, with less downside risk than a year ago and most of the negatives having been priced in.

Market Close

STI closes flat at 2,828.39

SINGAPORE (Aug 29): Singapore stocks ended flat at 2,828.39, drifting on a mixed performance for the rest of Asia with many eyes on US dollar strength and oil prices.

Stocks To Watch

SGX, OKH, Epicentre, PEC, Lum Chang, GL Limited

SINGAPORE (Aug 30): Here are some stocks that could move the market this Tuesday morning:

Results

PEC back in the black after posting earnings of $18.8 mil for FY16

SINGAPORE (Aug 29): Plant and terminal engineering company PEC has posted FY16 earnings of $18.8 million, reversing a $6.9 million loss from a year ago.
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