construction

Results

Koh Bros' 3Q earnings surge more than 18-fold to $5.1 mil on one-off disposal gain

SINGAPORE (Nov 13): Koh Brothers Group has announced $5.1 million in earnings for 3Q17, up 18.4 times from its earnings of $0.3 million a year ago on a one-off disposal gain registered over the quarter.  

Results

KSH Holdings 2Q earnings halve to $4.1 mil on lower revenue

SINGAPORE (Nov 10): Construction and property group KSH Holdings earnings of $4.1 million for 2Q18, down nearly half from its $8 million in earnings a year ago on lower revenue.

Investing strategies

Lian Beng spinoff may push stock past the $1 mark: NRA

SINGAPORE (Oct 23): The potential spinoff of Lian Beng’s property business may trigger a stock price re-rating to $1.08, a 11.6% discount from its book value per share of $1.2076, says NRA Capital.

Results

Lian Beng's 1Q earnings fall 29% to $8.9 mil on revenue decline

SINGAPORE (Oct 12): Construction firm and property developer Lian Beng Group reported earnings of $8.9 million for the 1Q18, down 29.4% from $12.7 million in 1Q17 due to lower profits from its construction segment.

State of the City

As construction moves to factories, builders deal with new costs and tech

(Oct 9): When construction company BBR Holdings (S) embarked on the building of the North Hill residential halls in 2014, there was a lot of scepticism that the company would be able to complete it.

Property

Soilbuild awarded $50.4 mil contract for industrial factory development at Kallang Way

SINGAPORE (Oct 5): Soilbuild Construction Group has been awarded a project worth $50.4 million by SB (Waterfront) Investment for the proposed erection of a seven-storey, single-user general industrial factory development at the Geylang Planning Area’s 1

Global Economy

Thailand to kick start $61 bil economic revamp before polls

BANGKOK (Sept 28): Thailand’s military government is looking to start construction of projects under a 1.5 trillion baht ($61.2 billion) investment plan before the country’s possible return to democracy late next year.

Koh Brothers Eco announces $255 mil contract win for construction of Circle Line 6

SINGAPORE (Sept 25): Engineering solutions provider Koh Brothers Eco Engineering announced its subsidiary, Koh Brothers Building & Civil Engineering Contractor (KBCE), has been awarded a $255.4 million contract by the Land Transport Authority (LTA) for th

Broker's Calls

OCBC ceases coverage of Tat Hong on worries over overall recovery

SINGAPORE (Sept 20): OCBC is ceasing coverage on crane rental firm Tat Hong Holdings on prolonged worries with the group’s overall recovery and internal reallocation of resources.

Broker's Calls

Astaka’s business progress offset by ‘broader market risks’: NRA

SINGAPORE (Aug 24): NRA Capital has given Astaka Holdings an “overweight” rating with a high-average return and high-risk qualification.
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