construction

Results

Lian Beng Group reports 66.7% earnings jump for FY2022

The company plans to pay a final dividend of two cents per share, bringing full year payout to three cents

Digital Economy

Capitalising on the bright spark in Singapore's construction sector

Connected construction is the way forward. Here's how technology will not only digitise but revolutionise the way we build.
Lian Beng wins new contract bringing order book to $1.5 bil - THE EDGE SINGAPORE

Construction

Lian Beng wins new contract bringing order book to $1.5 bil

These contracts are estimated to keep the company busy till FY2026.

M&A

Keong Hong receives 38.4 cents general offer

As at Sept 30 2021, the company’s net asset value was 67.8 cents per share

Results

BRC Asia FY2021 earnings up 131% to $45 mil, declares final and special dividend of 8 cents

The company will be paying a total dividend of 12 cents per share for FY2021

Construction

Contract wins: King Wan and OKP

King Wan and OKP's order books hit $154.5 million and $360.8 million respectively
Lendlease partners Google Cloud to realise more efficient and sustainable urbanisation projects  - THE EDGE SINGAPORE

Digital Economy

Lendlease partners Google Cloud to realise more efficient and sustainable urbanisation projects

The partnership aims to spearhead digital transformation across the global property and construction industry.

Construction

Tiong Seng expects net loss for 1H20 due to lockdowns; Bribery case still ongoing

Tiong Seng Holdings warn of expected loss in 1H results, attributes this to circuit breaker in Singapore and Movement Control Order in Malaysia

Broker's Calls

BRC reinforces position in reinforced steel industry; medium-term recovery intact

CGS-CIMB has reiterated its “buy” call on BRC Asia with a lowered target price of $1.35 from $1.55. The recommendation comes despite a core net loss of $6.4 million recorded for the 3QFY19/20 ended June.

Stocks To Watch

Turnaround play that enjoys support from essential public sector contracts

Kier performed relatively well among our 10 stock picks with a positive return of 15.3% in six months and significantly outperformed the two benchmark UK indices, the MSCI UK and FTSE 100.
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