contract wins

Broker's Calls

CSE kept at 'buy' by UOB, RHB on stronger outlook with 4Q contract wins

SINGAPORE (Jan 16): UOB Kay Hian and RHB Research are reiterating their “buy” calls on CSE Global after the group announced it secured $84.8 million worth of infrastructure projects in 4Q18.

ST Engineering's aerospace arm secures $450 mil worth of contracts in 4Q18

SINGAPORE (Jan 15): ST Engineering announced that its aerospace arm has secured about $450 million worth of new contracts in 4Q18 for services including maintenance and modification for wide-ranging aircraft parts from the airframe to components.

Contracts

CITIC Envirotech secures 3 projects in China worth $292 mil

SINGAPORE (Jan 14): CITIC Envirotech (CEL) has secured three projects in China worth a total of RMB 1.46 billion ($292.3 million).

Contracts

Keppel subsidiary wins $40 mil pipe rack project from JTC Corp

SINGAPORE (Jan 14): Pipenet, a wholly-owned subsidiary of Keppel Infrastructure Holdings, has secured a $40 million contract from JTC Corporation to design, build and operate pipe racks on Jurong Island.

Contracts

Yongnam wins contracts worth over $73 mil in Australia and Singapore

SINGAPORE (Dec 27): Yongnam Holdings has secured contracts totalling to $73.4 million in value, including several specialist civil engineering contracts to supply steel struts and strutting components for Temporary Earth Retaining Systems used in infrastr

Contracts

Keppel O&M secures $300 mil worth of marine contracts through subsidiaries

SINGAPORE (Dec 26): Keppel Offshore & Marine (Keppel O&M) has secured contracts worth a combined value of $300 million via its wholly-owned subsidiaries, Keppel Singmarine and Keppel Shipyard.

Contracts

Nico Steel announces monthly order wins totalling 22 tonnes from new & existing customers

SINGAPORE (Dec 3): Nico Steel Holdings says it has received new monthly orders amounting to about 22 tonnes of aluminium alloy materials per month.

Results

ComfortDelGro posts 2% lower 3Q earnings; to set up new US$100 mil global VC fund

SINGAPORE (Sept 9): ComfortDelGro Corporation (CDG) posted $78.5 million in earnings for the 3Q ended Sept, representing a 2% decline from earnings of $80.1 million a year ago due to lower dividends received from its overseas subsidiary, Cabcharge Austral

Contracts

SembMarine wins renewable energy engineering contracts worth $200 mil

SINGAPORE (Oct 29): Sembcorp Marine (SMM) has won two new renewable energy engineering projects collectively worth over $200 million from Denmark’s Ørsted Wind Power as well as Norwegian shipping company Norled AS.
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