engineering

Results

King Wan's 3Q earnings down 50% at $1.7 mil on lower share of associate profits

SINGAPORE (Feb 13): King Wan Corporation has announced earnings of $1.7 million for 3Q18, down 50% from its earnings of $3.4 million a year ago on lower share of profit of associates.  

M&A

ISOTeam to sell 34.1% stake in subsidiary to Japan's Taisei Oncho

SINGAPORE (Feb 13): ISOTeam is proposing to sell a 34.1% stake in its wholly-owned subsidiary ISO-Integrated M&A to Japan-listed Taisei Oncho (TOC) for $3 million, with the intention to subsequently establish a joint venture (JV) with TOC to strengthen it

Results

Civmec reports 17-fold surge in 2Q earnings to $6.9 mil on higher revenue

SINGAPORE (Feb 12): Construction & engineering services provider Civmec saw its earnings for 2Q18 surge 17-fold to $6.9 million from $0.4 million in 2Q17 as revenue more than doubled.

Results

Ley Choon posts 96.2% fall in 3Q earnings to $0.3 mil on absence of one-off gain

SINGAPORE (Feb 12): Construction and engineering group Ley Choon saw 3Q18 earnings fall 96.2% to $0.3 million from $8.8 million in 3Q17, mainly due to the absence of a gain on disposal of its office building which was recorded in the same period a year ag

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

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

Acromec awarded two contracts totaling to $6.6 mil

SINGAPORE (Dec 22): Acromec, the specialist engineering service provider in the field of controlled environments, has secured two high-specification contracts worth $6.6 million in total.  

Results

AEM's 3Q earnings up more than fourfold at $9.4 mil on more than double revenue

SINGAPORE (Nov 2): AEM Holdings’ earnings are up more than fourfold to $9.4 million from $2.2 million a year ago for the third quarter ended Sept on higher revenue and lower costs.

M&A

Hai Leck's new Jurong Island project to boost FY18 order book by $28 mil

SINGAPORE (Oct 16): Hai Leck Holdings says it has been awarded a new project by an existing customer in Jurong Island.

Starburst raises $4.8 mil via married vendor share deal

SINGAPORE (Aug 18): Starburst Holdings says it has received strong support from institutional and investors through a married vendor share deal, which saw the collective takeup of 12.4 million shares at 39 cents per share – amounting to about $4.8 milli
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