Boustead Projects E&C

Broker's Calls

CGS-CIMB ups Boustead Projects' TP on strong order book and stronger-than-expected 1HFY2023 earnings

CGS-CIMB's Ong Khang Chuen has also upped his EPS estimates for FY2023 to FY2025 by 41% to 56%.

Contracts

Boustead Projects awarded $300 mil design-and-build contract by Fortune 500 corporation

The contract is said to be the largest on record for the company.

Company in the news

Boustead Projects' wholly-owned subsidiary slapped with $94,000 in fines after pleading guilty to charges under ANA

The charges were in relation to the use of unmanned drones by Boustead Projects E&C at two of its construction sites.

Company in the news

Boustead Projects subsidiary receives legal letter on civil and associated works damages from Veolia ES

Boustead Projects E&C says it is currently seeking formal legal advice on the matter, but it intends to “vigorously dispute” Veolia’s “unreasonable” claim.

Contracts

Boustead Projects unit awarded $70 mil contract for high-tech manufacturing facility

SINGAPORE (Feb 19): Boustead Projects, the specialist in real estate solutions, says its wholly-owned design-and-build subsidiary, Boustead Projects E&C, has won a contract worth over $70 million.

Boustead Projects bags 3 contracts worth $56 mil

SINGAPORE (Oct 9): Boustead Projects announced Monday that wholly-owned subsidiary Boustead Projects E&C has secured three contracts worth a total of $56 million.

Boustead Projects unit wins contract to build hazardous chemical waste treatment facility

SINGAPORE (June 8): Boustead Projects E&C, a subsidiary of Boustead Projects, has won a design-and-build contract from Veolia ES Singapore Industrial for a hazardous chemical waste treatment facility in Tuas.
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