contract wins

Contracts

TEE International subsidiaries secure new engineering contracts worth $58 mil

SINGAPORE (Oct 16): TEE International’s wholly-owned subsidiaries, PBT Engineering and Trans Equatorial Engineering, have been awarded new engineering contracts worth $58 million to carry out asset enhancement initiative (AEI) and mechanical & electrica

Contracts

ST Engineering wins $590 mil of aerospace contracts in 3Q

SINGAPORE (Oct 15): ST Engineering’s aerospace business sector has secured new contracts totalling $590 million in value in 3Q18 for services ranging from airframe, engine and component maintenance, to engine wash.

SE Asia Stocks

Federal International (2000) secures $80 mil in new orders

SINGAPORE (Oct 1): Federal International (2000) says it secured five contracts amounting to a total of US$58.4 million ($80 million), the largest being a US$51.3 million five-year charter hire contract for Federal II, a floating, storage and offloading (F

SIIC Environment to co-develop $116 mil wastewater treatment project in China's Beihai City

SINGAPORE (Sept 11): SIIC Environment Holdings has been engaged to work on a new wastewater treatment project with an investment value of RMB 578.2 million ($115.7 million) in Beihai, Guangxi, China.

Acromec secures $2.9 million contract in healthcare sector

SINGAPORE (July 13): Acromec has secured a contract valued at $2.9 million for the outfitting of a private day-surgery centre.

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

Broker's Calls

Silverlake Axis sees silver lining in banks' spending recovery

SINGAPORE (June 20): RHB is maintaining its “buy” call on Silverlake Axis with a target price of 65 cents.

Yangzijiang secures 9 contracts in May totalling $773 mil

SINGAPORE (June 4): Yangzijiang Shipbuilding announced that has secured nine new shipbuilding orders in May with a total contract value of US$578 million ($773.3 million).

Broker's Calls

Sanli Environmental kept at 'buy' for potential PUB contract wins

SINGAPORE (May 25): SAC Advisors is maintaining its “buy” call on Sanli Environmental with an unchanged target price of 36 cents, even after the environmental engineering company reported lower FY18 earnings of $3.1 million, down 40.7% from $5.2 milli

ISOTeam announces $46.6 mil mega-contract win

SINGAPORE (May 24): ISOTeam says it recently secured seven new contracts amounting to $52.58 million, including a $46.54 million mega-contract.
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