construction

Broker's Calls

Construction to benefit from improving demand & shorter cash cycles this year: CIMB

SINGAPORE (Apr 10): CIMB is maintaining “overweight” on Singapore’s construction sector while remaining upbeat on its outlook for 2018.

Property

Koh Brothers wins Toho Mansion en-bloc tender for $120.4 mil

SINGAPORE (Mar 9): Koh Brothers has submitted the winning bid of $120.4 million in a tender for the en-bloc sale of Toho Mansion at 186-200 Holland Road.

Broker's Calls

Tiong Woon gets a lift from CIMB

SINGAPORE (Mar 8): CIMB likes integrated heavy lift specialist Tiong Woon Corp for its proven track record of more than 35 years.

Broker's Calls

Yongnam Holdings set for recovery this year amid rosy construction outlook, says CIMB

SINGAPORE (Mar 2): CIMB is keeping Yongnam Holdings at “add” as the steel structure support specialist pursues $1.2 billion worth of new projects in Singapore and overseas.

Results

Wee Hur 4Q earnings triple to $7.8 mil on higher revenue

SINGAPORE (Mar 1): Property developer Wee Hur Holdings saw earnings more than triple to $7.8 million in 4Q17 from $2.2 million in 4Q16 on the back of higher revenue.
Credit: Ministry of Communications and Information

Singapore Budget

What's next after the Budget 2018 buzz?

SINGAPORE (Feb 23): It is that time of the year again. Immediately after every Budget speech, analysts scramble to translate the slew of adjustments to taxes and government schemes into fresh views on the economy, specific industries and individual stocks

Results

OKP Holdings' 4Q earnings decline by 75% to $2 mil on lower revenue

SINGAPORE (Feb 12): Construction group OKP Holdings saw its 4Q earnings decline fourfold to $2 million from $8 million a year ago on lower revenue.  

Results

Civmec reports 17-fold surge in 2Q earnings to $6.9 mil on higher revenue

SINGAPORE (Feb 12): Construction & engineering services provider Civmec saw its earnings for 2Q18 surge 17-fold to $6.9 million from $0.4 million in 2Q17 as revenue more than doubled.

Results

Ley Choon posts 96.2% fall in 3Q earnings to $0.3 mil on absence of one-off gain

SINGAPORE (Feb 12): Construction and engineering group Ley Choon saw 3Q18 earnings fall 96.2% to $0.3 million from $8.8 million in 3Q17, mainly due to the absence of a gain on disposal of its office building which was recorded in the same period a year ag

Property

Nordic Group sells 42 Tech Park Crescent property for $3.4 mil

SINGAPORE (Jan 12): Nordic Group has sold its property at 42 Tech Park Crescent for $3.4 million to construction company Debenho via the group’s wholly-owned subsidiary, Ensure Engineering.
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