contract wins

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.

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.

Advancer Global secures facilities management contracts worth $10.7 mil for 1Q18

SINGAPORE (Apr 24): Advancer Global announced that it has secured $10.7 million worth of contracts under its facilities management services division, which comprises its building management and security services businesses, for 1Q18.

ST Engineering's electronics arm wins $635 mil in contracts in 1Q18

SINGAPORE (Apr 19): ST Engineering announced that its electronics arm, ST Electronics, has secured $635 million worth of contracts in 1Q18.

Spackman wins camera equipment deals for 3 new Korean drama series including 'Suits' remake

SINGAPORE (Apr 18): Spackman Entertainment Group’s movie and drama equipment leasing subsidiary, Frame Pictures, has secured camera equipment contracts for three new Korean drama series for a tentative contract value of KRW 580 million ($0.7 million).

Tritech awarded $3.3 mil contract by LTA to provide site investigation works

SINGAPORE (Apr 16): Tritech Group says its wholly-owned subsidiary, Tritech Engineering & Testing (Singapore), was awarded a $3.3 million contract by the Land Transport Authority (LTA) last Friday.

Keppel O&M secures contract to build dual-fuel bunker tanker under MPA funding programme

SINGAPORE (Apr 9): Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary, Keppel Singmarine, has secured a contract by Mitsui & Co (Asia Pacific) to build a dual-fuel bunker tanker to be owned and by Sinanju Tanker Holdings, based on a finance

China Everbright Water wins $317 mil of contracts under Shangdong water supply project

SINGAPORE (Apr 4): China Everbright Water says it has secured three sub-projects worth a total of RMB1.522 billion ($317 million) under the Ji'nan Zhangqiu Urban-Rural Integration Water Supply Project in the Shandong Province of China.

Broker's Calls

CIMB keeps Yongnam at 'add' on anticipation of contract wins

SINGAPORE (Mar 16): CIMB is maintaining its “add” call on Yongnam Holdings with a target price of 57 cents.

Vard contracted to build two vessels for French cruise company

SINGAPORE (Mar 7): Vard Holdings has secured contracts for the design and construction of two luxury expedition cruise vessels for French cruise company Ponant, a subsidiary of Artemis Group.
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