contract wins

Broker's Calls

Will Sembcorp Marine bag its first major contract for this year?

SINGAPORE (Mar 6): DBS is reiterating its “buy” recommendation on Sembcorp Marine (SMM) with an unchanged target price of $2.90.

Nordic secures $6.9 mil worth of contracts

SINGAPORE (Feb 26): Nordic Group announced that its System Integration and Precision Engineering Services divisions have recently secured several contracts worth a total of $2.9 million.

PEC kickstarts 2018 with $40 mil worth of new projects

SINGAPORE (Jan 25): PEC, the provider of integrated projects and maintenance solutions to oil & gas, petrochemical, terminal and pharmaceutical industries, has won contracts worth about $40 million in Singapore and Southeast Asia thus far for 2018.

ST Electronics records $742 mil worth of contract wins in 4Q

SINGAPORE (Jan 18): ST Electronics has clinched about $742 million worth of contracts over 4Q17, bringing the total value of new orders secured in 2017 by its parent company, ST Engineering, to $2.24 billion.

Aviation & Engineering

ST Engineering's aerospace arm secures $510 mil in contracts for 4Q17

SINGAPORE (Jan 17): ST Engineering says its aerospace arm, ST Aerospace, has secured new contracts worth about $510 million in 4Q17, which brings the total to $2.8 billion for FY17.

Broker's Calls

Sanli Environmental to secure new & larger contracts moving forward, says SAC Advisors

SINGAPORE (Jan 11): SAC Advisors is maintaining its “buy” call on Sanli Environmental with a target price of 36 cents to represent 15.9 times FY18E P/E – a valuation deemed fair given the group’s resilient and recession-proof business model, in SA

Sanli Environmental secures 3 new contracts worth $10 mil

SINGAPORE (Jan 10): Sanli Environmental, the environmental engineering company, has secured three new contracts from private and public sectors worth a total of $10 million.

Nordic Group announces $20.6 mil worth of contract wins

SINGAPORE (Jan 4): Nordic Group has announced that several of its divisions have recently clinched contracts amounting to approximately $20.6 million in total from both new and repeat customers, comprising multinational companies (MNCs) and companies in t

Midas JV unit awarded metro train supply contracts worth $548 mil

SINGAPORE (Jan 3): Midas Holdings has announced that three metro train supply contracts totalling to RMB2.68 billion ($547.7 million) were awarded to its joint venture (JV) unit, CRRC Nanjing Puzhen Rail Transport (NPRT), in which the group has a 32.5% eq

Sunpower announces $8.5 mil EPC contract win in China

SINGAPORE (Jan 2): Sunpower Group’s wholly-owned subsidiary, Jiangsu Sunpower Technology, has secured an RMB41.5 million ($8.5 million) engineering, procurement & construction (EPC) contract from Xinjiang GCL New Energy Material Technology, a subsidiary
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