Building & Engineering
Keppel Infrastructure Trust to buy Australian chemical firm Ixom for $775m
It will allow Keppel to gain a foothold in the water treatment sector.
Keppel Infrastructure Trust to buy Australian chemical firm Ixom for $775m
It will allow Keppel to gain a foothold in the water treatment sector.
United Engineers profit slipped 16% to $7.68m in Q3
A sharp decline in property development revenues hit quarterly earnings.
ST Engineering positions for growth as aerospace unit takes flight
Aerospace sales are poised to grow by 26.2% in 2019.
ST Engineering profits up 5.3% to $134.59m in Q3
Earnings per share grew 5% to $0.432.
Will warming Chinese-Japanese ties plug Asia's infrastructure gap?
Growing collaboration will push the Philippine construction sector to grow by 8.8%.
Yongnam bags contracts worth $53.4m
Amongst the projects is to design and build a four-storey regional HQ.
Sembcorp Industries Q3 profits slipped 11.6% to $82.33m
It blamed its marine segment upon the sale of a semi-submersible and continued low business volume.
Keppel Infrastructure chosen as preferred bidder for Blackstone's Ixom sale
The deal could be worth A$1b, reports said.
ST Engineering's Electronics sector to provide platform door services to Jakarta LRT
This marks its entry into Indonesia’s metro market.
Raffles Infrastructure inks $1.19b deal to build Chinese tourist railways
The railways will have a total length of 70km and will be built in four phases.
ST Engineering's Electronics arm bagged contracts worth $435m in Q3
They involve areas such as mobility, satellite communications, IoT, and cybersecurity.
TEE International clinches $58m worth of engineering contracts
Amongst them is alteration work for repeat client Changi Airport.
Chart of the Day: Big 5 SG-focused engineering stocks saw average returns of 3% in September
Chip Eng Seng has the biggest return of 9% by 1 October.
Engineering firm Sapphire bags $87m contract to build China subway
It will build one subway station and two intervals in Hangzhou.
CapitaLand buys 16 US properties for $1.14b
The 3,787 apartment units have an average occupancy rate of over 90%.
Small construction players likely to suffer more amidst property curbs
Firms are also hit by the rising interest rates for debt.
Facebook data centre to support ‘hundreds of jobs' in Singapore
It posted new jobs for data centre construction.
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