engineering

SINGAPORE (May 11): RHB has downgraded its call on Fu Yu Corporation from “buy” to “neutral” with a lower target price of 23 cents from 27 cents previously, following a disappointing 1Q17 set of results. 

SINGAPORE (May 4): Singapore’s workers, known for being highly skilled, are well aware and confident of their market power. So much that the majority of employees may not even think twice about jumping ship given the opportunity, should they be displeas

SINGAPORE (March 27): TEE International has declared about $0.2 million of earnings for the third quarter ended Feb 2017, down 72.3% from the $0.6 million it reported a year ago.   

SINGAPORE (Feb 28): Yongnam Holdings reported FY16 losses widened to $31.6 million from losses of $3.3 million a year ago on lower margins.

SINGAPORE (Jan 20): Civmec, the heavy engineering company based in Australia, says its recent share surge could be due to the group’s previously-announced project awards as well as news of its shipbuilding facility expansion plans.

SINGAPORE (Nov 7): Avi-Tech Electronics posted a 16.9% fall in 1Q17 earnings to $1.5 million from a year ago, dragged down by lower foreign exchange gains.

SINGAPORE (Oct 13): Engineering, real estate and infrastructure group TEE International, together with its subsidiaries and associated companies, was awarded $48 million worth of new engineering contracts, bringing the group’s total unfulfilled order bo

SINGAPORE (Oct 10): RHB is downgrading Acromec to “neutral” with a target price of 78 cents, citing a slowdown in government tenders and potential competition from oil and gas engineering companies.

SINGAPORE (Oct 7): Federal International (2000), says its 20.66%-owned associate, PT Gunanusa Utama Fabricators (PTG), has received confirmation from PTTEP International to proceed with Lot 2 of the Zawtika Development Project Phase 1C in Myanmar.

SINGAPORE (Sept 8): TEE International has announced new engineering contract wins totalling $95 million from Aug to Sept.