Boustead Projects unit awarded $70 mil contract for high-tech manufacturing facility

SINGAPORE (Feb 19): Boustead Projects, the specialist in real estate solutions, says its wholly-owned design-and-build subsidiary, Boustead Projects E&C, has won a contract worth over $70 million.

Natural Cool makes foray into F&B industry with million-dollar acquisition

SINGAPORE (Feb 19): Natural Cool Holdings, the air-conditioning and switchgear specialist, is venturing into the food and beverage (F&B) industry by acquiring the business and assets of Yummy YM and SFB Global for $0.98 million.

Broker's Calls

Valuetronics' smart lighting business looks dim in near term

SINGAPORE (Feb 19): Valuetronics, the provider of integrated electronics manufacturing services (EMS), reported 3Q19 earnings rose 2.6% to HK$59.7 million ($10.3 million) from a year ago.

This comes on the back of a 7.5% decline in revenue to HK$729.6 million.

Broker's Calls

DBS undergoes target price cuts after a record FY18, but remains a 'buy'

SINGAPORE (Feb 19): Jefferies Singapore, OCBC Investment Research and RHB Research are maintaining their “buy” calls on DBS Group while lowering their price targets to $28.50, $29.31 and $28.80, respectively.

Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.

Natural Cool makes foray into F&B industry with million-dollar acquisition

49 min 40 sec ago

SINGAPORE (Feb 19): Natural Cool Holdings, the air-conditioning and switchgear specialist, is...

Valuetronics' smart lighting business looks dim in near term

1 hour 38 sec ago

SINGAPORE (Feb 19): Valuetronics, the provider of integrated electronics manufacturing services (...

DBS undergoes target price cuts after a record FY18, but remains a 'buy'

2 hours 5 min ago

SINGAPORE (Feb 19): Jefferies Singapore, OCBC Investment Research and RHB Research are maintaining...

Winners and losers from Singapore's budget as election looms

5 hours 19 min ago

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military...

A fool's errand

18 Feb 2019

SINGAPORE (Feb 18): Should we panic over a Treasury yield curve inversion? Investors worked themselves into a tizzy in early December last year, sending stock prices tumbling around the world. That was when the Treasury yield spread fell sharply (...

Quantitative tightening fears overplayed?

1 Feb 2019

SINGAPORE (Feb 4): Global stock markets have steadied in the first few weeks of trading in 2019, though many investors remain wary that the rebound may not last. The list of worries has been very well narrated and should be very familiar to all by...

There are 'real' (non-rent-seeking) corporate heroes

25 Jan 2019

SINGAPORE (Jan 28): Pretenders to the throne, please be seated. Last week, I wrote about some of our public- and private-sector successes in embracing technology and delivering quality services efficiently and effectively. This proves that...

Let’s not sell ourselves short

18 Jan 2019

SINGAPORE (Jan 21): Why do I say this? There has been much talk and discussion about how New Malaysia should move forward from hereon. We know that government finances are stretched and, therefore, can no longer prop up the economy with huge...

Contracts

Boustead Projects unit awarded $70 mil contract for high-tech manufacturing facility

SINGAPORE (Feb 19): Boustead Projects, the specialist in real estate solutions, says its wholly-owned design-and-build subsidiary, Boustead Projects E&C, has won a contract worth over $70 million.
M&A

Natural Cool makes foray into F&B industry with million-dollar acquisition

SINGAPORE (Feb 19): Natural Cool Holdings, the air-conditioning and switchgear specialist, is venturing into the food and beverage (F&B) industry by acquiring the business and assets of Yummy YM and SFB Global for $0.98 million.
Broker's Calls

Valuetronics' smart lighting business looks dim in near term

SINGAPORE (Feb 19): Valuetronics, the provider of integrated electronics manufacturing services (EMS), reported 3Q19 earnings rose 2.6% to HK$59.7 million ($10.3 million) from a year ago.

This comes on the back of a 7.5% decline in revenue to HK$729.6 million.
Broker's Calls

DBS undergoes target price cuts after a record FY18, but remains a 'buy'

SINGAPORE (Feb 19): Jefferies Singapore, OCBC Investment Research and RHB Research are maintaining their “buy” calls on DBS Group while lowering their price targets to $28.50, $29.31 and $28.80, respectively.
Budget 2019

Winners and losers from Singapore's budget as election looms

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.