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Swee Hong
Contracts
Swee Hong announces $32.5 mil PUB contract win
SINGAPORE (Jan 8): Civil engineering firm Swee Hong has secured a $32.5 million contract from Singapore’s Public Utilities Board (PUB) to construct link sewers for the Deep Tunnel Sewerage System (DTSS) Phase 2 Project at Old Choa Chu Kang Road/ Jalan B
January 08, 2019
Swee Hong undertakes convertible bonds issue to raise $7 mil for working capital
SINGAPORE (Aug 31): Civil engineering firm Swee Hong has entered into a agreement to issue $7 million in convertible bonds to Targa Solution.
August 31, 2017
Results
Swee Hong reverses back into the black with earnings of $30.2 mil in FY17
SINGAPORE (Aug 30): Civil engineering company Swee Hong reported earnings of $30.2 million in FY17 compared to a loss of $10.2 million in FY16.
August 30, 2017
Results
Swee Hong posts 1H17 turnaround with $27.4 mil net profit
SINGAPORE (Feb 14): Swee Hong has announced its second consecutive quarter of profitability with 2Q17 earnings of $2.1 million from its $5.5 million loss a year ago – which brings the civil engineering group’s net profit for 1H17 to $27.4 million, com
February 14, 2017
Swee Hong to dispose of Choa Chu Kang property for $3.1 mil
SINGAPORE (Dec 27): Civil engineering group Swee Hong on Tuesday announced it has entered into a sale and purchase agreement to dispose of its property to Hong Ee Corporation for $3.1 million.
December 27, 2016
Results
Swee Hong swings back to profitability in 1Q
SINGAPORE (Nov 16): Swee Hong, the civil engineering company specialising in micro-tunnelling work, has posted a 1Q17 net profit of $25.3 million, reversing from its loss of $1.6 million a year ago in 1Q16.
November 16, 2016
Market Close
STI closes 0.1% higher at 2,817.07
SINGAPORE (Oct 17): The Straits Times Index eked out a 0.1% gain to close at 2,817.07 on Monday, recovering in the last moments of trade after the morning session was weighed down by weak export data.
October 17, 2016