Hong Kong International Construction Investment Management Group (HKICIM)

Sapphire Corp on track to win more rail contracts with HNA backing

SINGAPORE (Oct 26): Shares in Sapphire Corp, the railway infrastructure engineering firm, closed 6% or 2 cents to 32 cents on Friday with 1.5 million shares changing hands . 

The Edge Singapore this week (Issue 803) reports China’s HNA Holding Group Co is acquiring a major stake in Sapphire. This could open doors for the company to win more contracts amid a boom in infrastructure development spending in emerging markets.


Be informed of the stories that matter


Be informed of the stories that matter