Boustead Singapore

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

Results

Boustead Singapore posts 12% rise in 3Q earnings to $8.7 mil on higher revenue

SINGAPORE (Feb 13): Boustead Singapore saw its earnings grow 12% to $8.7 million for the 3Q19 ended December, from $7.8 million a year ago.

Contracts

Shares of Boustead Singapore, Boustead Projects up on $200 mil contract win

SINGAPORE (Jan 21): Shares of Boustead Singapore and Boustead Projects rose on Monday morning.

M&A

Boustead acquires Asia-focused healthcare business for $19 mil

SINGAPORE (May 24): Boustead Singapore announced that it is acquiring 100% of the shareholding of WhiteRock Incorporation (WRI), which comprises a group of 16 healthcare corporations operating in S

Results

Boustead Singapore posts 18% drop in 4Q earnings to $7.5 mil on absence of one-off gains

SINGAPORE (May 23): Engineering services and geo-spatial technology group Boustead Singapore saw its earnings fall 18% to $7.5 million for the 4Q ended March, from $9.2 million a year ago.

Results

Boustead Singapore's 3Q earnings drop 17% to $7.8 mil

SINGAPORE (Feb 13): Boustead Singapore posted a 17% fall in 3Q earnings to $7.80 million from $9.45 million a year ago.

Results

Boustead Singapore posts 7% drop in 2Q earnings to $7.1 mil; doubles interim dividend to 1 cent

SINGAPORE (Nov 14): Engineering services and geo-spatial technology group Boustead Singapore reported a 7% decline in earnings to $7.1 million in the 2Q18 ended September, down from $7.6 million a

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