order book

Contracts

Lian Beng banks on financial uplift with new $174 mil residential development contract

SINGAPORE (May 11): Lian Beng Construction, a wholly-owned subsidiary of mainboard-listed Lian Beng Group, has secured a residential flat development contract worth $174 million. 

Contracts

Lum Chang sees total outstanding construction works revenue lifted to $1.8 bil with Mandai Rejuvenation Project tender

SINGAPORE (May 4): Mainboard-listed builder Lum Chang has secured  a tender for the Mandai Rejuvenation Project through its wholly-owned subsidiary Lum Chang Building Contractors. 

Investing ideas

Analysts remain optimistic on CSE Global on strong order book, earnings visibility

SINGAPORE (Nov 11): The best is yet to come for CSE Global, say analysts, as the group has garnered four “buy” calls across brokerages DBS Group Research, CGS-CIMB, KGI Securities and RHB.

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.

Insider moves

Lian Beng’s controlling Ong family raises stake, order book now $1.4 bil

(Aug 12): The Ong family, the controlling shareholder of construction and property company Lian Beng Group, has recently bought the company’s shares from the market.

Company in the news

SembMarine’s weak 2Q results lead to analyst downgrades; company stays tight-lipped on police raid at Brazilian unit

(Aug 5): Disappointing results, slow order momentum and a weak outlook by the management are among reasons why investors should stay on the sidelines or consider getting out of Sembcorp M

Contracts

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

SE Asia Stocks

Federal International (2000) secures $80 mil in new orders

SINGAPORE (Oct 1): Federal International (2000) says it secured five contracts amounting to a total of US$58.4 million ($80 million), the largest being a US$51.3 million five-year charter hire cont

Sapphire Corp secures $87.2 mil engineering & construction contract in Hangzhou

SINGAPORE (Sept 17): Sapphire Corporation has secured a contract valued at RMB 436 million ($87.2 million) for the engineering and construction of core infrastructure structures for an urban subway

Acromec secures 3 new contracts worth $6.2 mil

SINGAPORE (July 3): Acromec, the specialist engineering provider, has secured three new contracts amounting to about $6.2 million.

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