Building & Engineering
Yongnam seals S$27.5mln contract for MRT Downtown Line 2
Company to supply, lease and install sheet piles, soldier piles and king posts.
Yongnam seals S$27.5mln contract for MRT Downtown Line 2
Company to supply, lease and install sheet piles, soldier piles and king posts.
ST Kinetics establishes construction equipment company in India
S$50mln LeeBoy India investment part of company’s strategy to grow its Specialty Vehicles and Services business.
King Wan pockets $9mln with completion of Cables' divestment
Company plans to use proceeds from sale to Halcyon Energy to fund expansion moves.
Swiber appoints Francis Wong Group CEO and President
Wong’s 22-year experience in accounting, financial and investment-related areas qualified him as CEO.
TEE acquires Marina Bay Sands Worker's Dormitory
Marina Bay Sands previously owned the fully furnished dormitory that can house 2,280 workers.
Yongnam Holdings bags S$25 mln MRT contract
The steel contractor and specialist civil engineering solutions provider clinches first Downtown Line 2 project to start in October of this year.
ST Engineering names Khoo Boon Hui Non-Executive Director
Khoo also appointed risk review committee member behind degree and experience in Enginering and Public Administration.
SBI Offshore sells 80%interest in subsidiary
Strategic divestment is part of the design and engineering group’s streamlining of corporate structure.
Natural Cool completes S$53mln property sale and leaseback
Company to leaseback property at Tai Seng for 10 years at an annual rent of $4.5mln-$5.3mln.
PEC acquires 51% of Major Insulation & Links stakes
Acquisition provide PEC hot and cold thermal insulation, sound proofing, refractory and fire proofing works services.
BBR profit up 41% to S$7.2mln
Yet second quarter revenue fell to S$36.5mln from S$53.8mln behind lower revenue from general construction projects.
Koh Brothers' profit soars 22% to S$5.4mln
Group is cautiously optimistic that first semester performance to continue behind Singapore's 18% GDP growth.
KSH Holdings profit up 56% to S$4.3mln
Will tap S$27bln BCA projected construction demand by maintaining projects in public and private sectors.
Singapore unveils Compact City to the World model
1000 Singapores can house the entire world population using only 0.5% of the Earth’s land area.
Hiap Seng profit up 7.4% to $8mln
Despite 19.8% revenue growth, strict competition makes group cautiously optimistic about performance for current financial year.
Boustead Subsidiary strikes deal with Hankyu Hansin Express
Boustead Projects’ second design-build-and-lease contract in 2010 is the sixth in its industrial leaseback assets portfolio.
Singapore is Asia's most expensive country for construction
Construction cost in Singapore is almost 7% higher than in the UK.
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