Swee Hong


Swee Hong announces $32.5 mil PUB contract win

SINGAPORE (Jan 8): Civil engineering firm Swee Hong has secured a $32.5 million contract from Singapore’s Public Utilities Board (PUB) to construct link sewers for the Deep Tunnel Sewerage System (DTSS) Phase 2 Project at Old Choa Chu Kang Road/ Jalan B

Swee Hong undertakes convertible bonds issue to raise $7 mil for working capital

SINGAPORE (Aug 31): Civil engineering firm Swee Hong has entered into a agreement to issue $7 million in convertible bonds to Targa Solution.


Swee Hong reverses back into the black with earnings of $30.2 mil in FY17

SINGAPORE (Aug 30): Civil engineering company Swee Hong reported earnings of $30.2 million in FY17 compared to a loss of $10.2 million in FY16.


Swee Hong posts 1H17 turnaround with $27.4 mil net profit

SINGAPORE (Feb 14): Swee Hong has announced its second consecutive quarter of profitability with 2Q17 earnings of $2.1 million from its $5.5 million loss a year ago – which brings the civil engineering group’s net profit for 1H17 to $27.4 million, com
Swee Hong

Swee Hong to dispose of Choa Chu Kang property for $3.1 mil

SINGAPORE (Dec 27): Civil engineering group Swee Hong on Tuesday announced it has entered into a sale and purchase agreement to dispose of its property to Hong Ee Corporation for $3.1 million.


Swee Hong swings back to profitability in 1Q

SINGAPORE (Nov 16): Swee Hong, the civil engineering company specialising in micro-tunnelling work, has posted a 1Q17 net profit of $25.3 million, reversing from its loss of $1.6 million a year ago in 1Q16.

Market Close

STI closes 0.1% higher at 2,817.07

SINGAPORE (Oct 17): The Straits Times Index eked out a 0.1% gain to close at 2,817.07 on Monday, recovering in the last moments of trade after the morning session was weighed down by weak export data.