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Update
Pan-United to reduce CO2 emissions with clean tech from Canada
SINGAPORE (Nov 19): Pan-United Corp, the cement and ready-mixed concrete supplier, is introducing technology from Canadian cleantech company CarbonCure in a bid to potentially save over 4,000 tonnes of carbon dioxide (CO2) emissions annually at each of it
November 19, 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
VARD announces $840 mil contract win after delay in delisting EGM
SINGAPORE (June 25): VARD Holdings has secured a contract worth over NOK 5 billion ($840 million) to construct three coast guard vessels for Norway’s Norwegian Defence Materiel Agency (NDMA), an agency directly under the Royal Norwegian Ministry of Defe
June 25, 2018
Keong Hong foresees ongoing projects to be unaffected by MOM foreign worker hiring freeze
SINGAPORE (June 5): Keong Hong Holdings says it has taken “immediate corrective actions” to prevent further infringements of Ministry of Manpower (MOM) regulations regarding workers’ accommodation.
June 05, 2018
Tiong Seng awarded $48 mil contract for MOH polyclinic project
SINGAPORE (May 21): Tiong Seng Holdings, the construction group and property developer, has been contracted to construct a 10-storey polyclinic and long-term care facility building for the Ministry of Health (MOH) for $47.68 million.
May 21, 2018
Results
Tiong Seng's 1Q earnings up fivefold to $4.9 mil on improved margins
SINGAPORE (May 14): Tiong Seng Holdings reported 1Q18 earnings of $4.9 million, up nearly fivefold from its earnings of $1 million a year ago due to improved profit margins.
May 14, 2018
In print this week
Will construction stocks return to glory this year?
SINGAPORE (May 4): Following a prolonged period of lacklustre profitability, a large swathe of constructions stocks are currently trading below their book values while the operating backdrop for the local construction players appears to be improving.
May 04, 2018
Sapphire partners Haitong Singapore to explore regional finance & investment opportunities
SINGAPORE (Apr 25): Sapphire Corporation has inked a memorandum of understanding (MoU) with Haitong International Securities Group (Singapore) to explore capital markets opportunities in the region.
April 25, 2018
Civmec employee dies in accident at Western Australia waste treatment plant
SINGAPORE (Apr 20): Civmec Construction and Engineering, the heavy engineering and construction provider, says one of its workers has died onsite at the Woodman Point Wastewater Treatment Plant in Munster, a suburb in Perth, Western Australia.
April 20, 2018
Results
Lian Beng reports 21% fall in 9M earnings to $17 mil on lower revenue
SINGAPORE (Apr 12): Lian Beng Group announced earnings of $16.8 million for the nine months ended Feb 2018, down 20.6% from $21.2 million a year ago on lower revenue, higher costs and expenses, as well as lower results of associates and joint ventures.
April 12, 2018