Yongnam Holdings

“This will be the highest retrenchments in Singapore’s history since independence – far worse than during the global financial crisis or Asian financial crisis.”

SINGAPORE (Dec 17): Structural steel contractor and specialist civil engineering solutions provider Yongnam Holdings has secured five infrastructure contracts worth $101.3 million in Singapore and Hong Kong.

SINGAPORE (May 23): CGS-CIMB Research is maintaining its “add” call on Yongnam Holdings with an unchanged target price of 33 cents, which is pegged to 0.7 times FY19F P/BV based on a 20% discount to the long-term average of 0.9 times.

SINGAPORE (May 16): Structural steel contractor and specialist civil engineering solutions provider Yongnam Holdings has secured five contracts in Singapore, Hong Kong and India worth a total of $120.8 million.

SINGAPORE (May 15): Yongnam Holdings, the structural steel contractor and specialist civil engineering solutions provider, sank deeper into 1Q net loss of $6.9 million from the net loss of $4.8 million a year ago, in line with lower overall sales and busi

SINGAPORE (Apr 5): The $9 billion investment to renew and refresh Singapore’s two integrated resorts (IRs) could provide some vibrancy to the domestic economy in the next few years and whip up some optimism in the city-state, says CGS-CIMB Research.

SINGAPORE (Feb 28): Yongnam Holdings, the engineering and construction services provider, reported FY18 loss widened to $51 million from $17 million a year ago due to lower revenue across all segments.

SINGAPORE (Jan 7): RHB Research is maintaining Yongnam at “add” saying steel fabrication and engineering specialist could achieve a profit turnaround in FY19F given a slew of major orders secured last year.

SINGAPORE (Dec 27): Yongnam Holdings has secured contracts totalling to $73.4 million in value, including several specialist civil engineering contracts to supply steel struts and strutting components for Temporary Earth Retaining Systems used in infrastr

SINGAPORE (Nov 5): CGS-CIMB Research is keeping its “add” call on Yongnam Holdings with an unchanged target price of 45 cents following a series of contract wins for the structural steel contractor and specialist civil engineering solutions provider.