Investing ideas

Lian Beng offers safe harbour in economy troubled by Covid-19

SINGAPORE (Feb 21): A Bloomberg columnist says it succinctly. “The novel coronavirus Covid-19 causes flu-like symptoms in its patients.

Startups • Entrepreneurs • Digital economy

How a start-up uses AI to spot construction site defects

SINGAPORE (Sept 30): In almost every construction project, there are close to 5,000 defects and quality control issues each day, from simple electrical circuit trips and plumbing defects to complic


Lian Beng wins $107.5 mil construction contract for residential site in Newton

SINGAPORE (Sept 13): Lian Beng Group announced that its 60%-owned subsidiary, United Tec Construction, has secured a contract worth about $107.5 million for the construction of a residential develo


Lian Beng's order book boosted to $1.5 bil after bagging $235 mil contract

SINGAPORE (July 8): Homegrown construction and property group Lian Beng kicked FY2020 off on a strong note, after securing a contract worth $234.7 million for the construction of a fresh

Broker's Calls

OCBC drops coverage on KSH Holdings post FY19 earnings miss

SINGAPORE (June 3): OCBC Investment Research is ceasing coverage on KSH Holdings, citing “reallocation to resources” after the construction group’s latest set of financial results missed expectatio


KSH Holdings' FY19 earnings down 75% after changes to accounting treatment

SINGAPORE (May 31): KSH Holdings has announced FY19 earnings of $7.7 million for FY19, down 74.8% from a restated $30.4 million in FY18 after changes to accounting treatment which are in line with


Ley Choon sinks into 4Q, FY19 losses on lower margins

SINGAPORE (May 30): Ley Choon Group reported a loss of $5.2 million for the 4Q ended March, sinking into the red from its 4Q18 profit of $0.3 million due to lower margins.  

Broker's Calls

Yongnam on track for a potential turnaround in FY20, says CGS-CIMB

SINGAPORE (May 23): CGS-CIMB Research is maintaining its “add” call on Yongnam Holdings with an unchanged target price of 33 cents, which is pegged to 0.7 times FY19F P/BV based on a 20% discount t


Civmec's 3Q earnings fall 98.1% to $0.1 mil after accounting for project cost overruns

SINGAPORE (May 14): Civmec, the construction and engineering services provider headquartered in Australia, has announced 3Q19 earnings of A$0.14 million, ($0.13 million) representing a 98.1% declin


OKP Holdings 1Q earnings fall 62% to $1.1 mil on lower revenue

SINGAPORE (May 6): OKP Holdings posted earnings of $1.1 million for the 1Q ended March, falling 62.4% from earnings of $2.8 million in 1Q18 on lower revenue and gross profit, together with a share

Be informed of the stories that matter