Building & Engineering
Boustead Singapore’s net profit soars 64% in 2H24
Boustead Singapore’s net profit soars 64% in 2H24
The increase was due to significant revenue contributions from three of its divisions.
CCCS uncovers bid-rigging scheme by Tarkus and Flex Connect
The bid-rigging affected tenders worth $150,000 to $7.7m.
MTQ’s net profit up by 148% YoY to $9.4m in FY24
The group’s earnings were boosted by a gain from property sale.
ST Eng’g revenue up 18% to S$2.7b in Q1
It has an order book of S$27.7b as of 31 March 2024.
HSBC's Philip Lee joins ST Engineering board
He will be part of the finance committee.
Civmec posts a 16.9% rise in net profit for 3Q24
The company also posted higher revenue.
Swan & Maclaren Group bags US28m tender for Six Flags Qiddiya lighting
Six Flags Qiddiya is projected to become the world's biggest theme park.
Construction thrives in Singapore as infrastructure and residential projects surge
The cost of materials, however, is impeding the sector's growth.
CSE Global's 1Q24 orders reach $186.2m
The new orders for 1Q24 was 16.7% higher year-on-year.
Keppel's net profit rises in 1Q24, fueled by key sectors
With legacy offshore and marine assets factored in, net profit dipped YoY.
OKP unit bags $92.9M contract for new cycling path networks
The unit expects to complete the project by 2025.
BRC Asia buys 19.1% stake in Angkasa for $16.1M
Post acquisition, BRC will own a 19.1% stake in Angkasa.
Soilbuild bags $81M in new construction contracts
The new contracts bring the company’s net order book to $658m.
ST Engineering, EY sign space tech and geospatial deal to promote sustainability
Part of the agreement is using geospatial data to formulate sustainability roadmaps focusing on five key areas.
ST Eng'g net profit to rise 21% in 2024 on $7.9b order book
An analyst projects continued growth for ST Engineering driven by its businesses.
JTC strengthens board with new and returning members
The corporation also retained Tan Chong Meng as chairman.
OKP subsidiary to improve roadside drains under Estate Upgrading Programme
Improvements are to be completed in September 2026.
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