contract wins

TEE International wins new contracts worth $65 mil

SINGAPORE (Dec 12): TEE International has won $65 million worth of new engineering contracts from the period of September to November.

CSC Holdings wins contracts for Kim Chuan Depot Extension and underground Keppel MRT Station

SINGAPORE (Dec 6): CSC Holdings, the foundation and geotechnical engineering specialist, has secured foundation contracts for the Kim Chuan Depot Extension and the underground Keppel MRT Station and its associated tunnels, on the Circle Line 6 (CCL6).

Vard awarded contracts worth $114 mil to build new-concept stern trawlers

SINGAPORE (Dec 4): Vard Holdings has won contracts worth NOK 700 million ($113.9 million) for the design and construction of seven stern trawlers for four Icelandic shipowners, namely: Bergur-Huginn, Utgerdarfelag Akureyringa, Gjögur and Skinney-Thingane

ST Engineering wins $585 mil in contracts; injects capital through electronics & land systems arms

SINGAPORE (Oct 24): ST Engineering's electronics arm, ST Electronics, has secured about $585 million worth of contracts in 3Q across various segments.

Aviation & Engineering

ST Aerospace wins contracts worth $530 mil in 3Q

SINGAPORE (Oct 23): ST Engineering says its aerospace arm, ST Aerospace, has secured new contracts worth about $530 million in 3Q17.

Nordic wins $5.1 mil worth of contracts via subsidiaries

SINGAPORE (Oct 23): Three wholly-owned subsidiaries of Nordic Group have won a number of contracts amounting to $5.1 million from both new and repeat customers, comprising multinational corporations and companies in the marine, oil & gas (O&G), infrastruc

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

Heatec Jietong secures 3 contracts worth $4 mil

SINGAPORE (Sept 15): Heatec Jietong Holdings, the heat exchanger and piping specialist, secured three contracts under its heat exchanger business segment with a combined worth of $4 million.

Mermaid announces $9.4 mil contract win; says subsidiary ‘largely unaffected’ by Seadrill

SINGAPORE (Sept 14): Mermaid Maritime announced Thursday that it has won a long-term submarine cable survey contract in the Middle East worth an estimated US$7 million ($9.4 million). Scheduled to start in 3Q 2017, the work involves the use of a Mermai

Broker's Calls

Project delays, $3 mil doubtful debt allowance to hamper IPS Securex’s prospects going forward: RHB

SINGAPORE (Sept 11): RHB Research has downgraded its call on security solutions provider IPX Securex Holdings to “neutral” from “buy”, while lowering its target price on the counter to 9 cents from 34 cents previously.
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