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Public Utilities Board (PUB)
PUB to take over Tuaspring plant if Hyflux cannot fix defaults by April 5
SINGAPORE (Mar 22): PUB says it will terminate the water purchase agreement with Hyflux subsidiary Tuaspring Pte Ltd (TPL) if the water treatment firm is not able to fix its defaults by April 5.
March 22, 2019
Restructuring
Hyflux restructuring in jeopardy if Tuaspring defaults not solved in 2 weeks
SINGAPORE (Mar 18): Hyflux’s restructuring agreement with investor SM Investments may be aborted if defaults by Hyflux subsidiary Tuaspring Pte Ltd (TPL) are not remedied within two weeks.
March 18, 2019
Contracts
Sanli announces $51.5 mil PUB contract wins as share price slides to 52-week low
SINGAPORE (Jan 22): Environmental engineering firm Sanli Environmental announced Tuesday it has secured two contracts worth a total of $51.5 million from the Public Utilities Board (PUB).
January 22, 2019
Contracts
Swee Hong announces $32.5 mil PUB contract win
SINGAPORE (Jan 8): Civil engineering firm Swee Hong has secured a $32.5 million contract from Singapore’s Public Utilities Board (PUB) to construct link sewers for the Deep Tunnel Sewerage System (DTSS) Phase 2 Project at Old Choa Chu Kang Road/ Jalan B
January 08, 2019
Tritech Group wins $8 mil contract from PUB
SINGAPORE (Sept 23): Tritech Group’s indirect wholly-owned subsidiary, Tritech Engineering & Testing (Singapore), has been awarded an $8.0 million contract by the Public Utilities Board (PUB).
September 23, 2018
Broker's Calls
Sanli Environmental kept at 'buy' for potential PUB contract wins
SINGAPORE (May 25): SAC Advisors is maintaining its “buy” call on Sanli Environmental with an unchanged target price of 36 cents, even after the environmental engineering company reported lower FY18 earnings of $3.1 million, down 40.7% from $5.2 milli
May 25, 2018
Ley Choon awarded $19.6 mil contract by PUB for replacement of water mains
SINGAPORE (Dec 12): Ley Choon Group Holdings has won a contract worth $19.6 million from the Public Utilities Board (PUB) for the replacement of water mains.
December 12, 2017
Ley Choon bags $3.9 mil contract by PUB
SINGAPORE (Oct 12): Ley Choon Group Holdings announced Thursday that its subsidiary, Chin Kuan Engineering and Contractors, has won a contract worth $3.9 million from the Public Utilities Board (PUB).
October 12, 2017
Expect muted issuing activity, slow uptake of MAS’s SGD Credit Rating Grant: OCBC
SINGAPORE (July 10): A further pickup in Singapore’s fundamentals and market activity remains tied to the upcoming actions of the US Federal Reserve in 2H17 and the resultant flow-on effect of SGD rates, says OCBC Bank.
July 10, 2017
Ley Choon subsidiary wins $2.9 mil worth of contracts
SINGAPORE (April 12): Pan Alliance Technology International, a subsidiary of Ley Choon Group Holdings, has secured two contracts worth approximately $2.88 million in total from Singapore’s Public Utilities Board (PUB).
April 12, 2017