Boustead Singapore

Company in the news

Boustead stays the course

Property and engineering group Boustead Singapore is tackling one of the worst crises in its history — the Covid-19 pandemic.

Company in the news

Passing the Boustead baton

Since taking control of Boustead Singapore in his early 50s, chairman and group CEO Wong Fong Fui has transformed the conglomerate and taken it to greater heights.

Contracts

Boustead Singapore wins A$30 mil multi-year contract from Australian government

Boustead Singapore announced on August 24 that it has won a A$30 million ($29.5 million) from an Australian federal government department.

Broker's Calls

Strong demand to drive growth for Boustead Singapore

SINGAPORE (July 15): Boustead Singapore last week released its FY20 results which were in line with expectations.

Broker's Calls

Boustead Projects to unlock significant value despite slow recovery ahead

SINGAPORE (July 15): CGS-CIMB Research has maintained its “add” recommendation on Boustead Projects Limited (BP) with a lower target price of 88 cents, compared to 93.1 cents previously.

Results

Boustead Singapore posts 11% rise in 2H20 earnings to $18.5 mil, achieving "commendable" results under "tough business environment", says CEO Wong

SINGAPORE (July 7): Boustead Singapore, the engineering services and geo-spatial technology group saw its earnings rise 11% to $18.5 million for 2H20 ended March, from the $16.6 million posted in 2

Broker's Calls

Boustead Singapore started at 'buy' on 'reliable prospects': UOB Kay Hian

SINGAPORE (Jan 16): UOB Kay Hian is initiating coverage on infrastructure-related engineering and technology group Boustead Singapore with a “buy” recommendation and a target price of 92 cents.

Broker's Calls

CGS-CIMB starts Boustead on 'add' as it fires on all cylinders

SINGAPORE (Sept 23): CGS-CIMB Research is initiating coverage on Boustead Singapore with an “add” recommendation and a target price of $1.00 – representing an upside of more than 36%.

Contracts

Boustead Singapore wins $100 mil contract for European infrastructure development

SINGAPORE (Aug 22): Boustead International Heaters (BIH) has secured a $100 million contract for a major energy infrastructure development in Europe.

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 milli

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