Building & Engineering
ST Engineering group revenue surges 17.4% in FY2022
ST Engineering group revenue surges 17.4% in FY2022
The group’s EBIT grew 9.1% despite reduction in government support.
ST Engineering chairman takes a bow
Kwa Chong Seng will leave his post on 21 April.
Boustead Singapore revises offer to take real estate subsidiary private
It is now offering to buy all of Boustead Projects Limited’s shares for $0.95 each share.
Boustead Singapore plans to take real estate subsidiary private
It offered to buy all of Boustead Projects Limited’s shares for $0.90 each share.
Lincotrade secures $35m AEI contract
The contract comprises service apartments, mall, and office spaces.
Employers demand cross-functional green skills from engineers, technicians
Engineers must learn clean technologies and manage environmental sustainability.
Here’s what an advanced security firm looks like
AETOS offers training courses on security, technology, and facilities management.
After revenue miss, will Frencken still recover?
Shareholders may expect a recovery in the second half of 2023.
ST Engineering revenue jumps 19% YoY to $6.5b in 9M22
Higher contributions from all business segments drove the increase.
After tolling system contracts, ST Engineering to post 14-17% profit growth
Its strong order book will raise the firm’s earnings growth.
ST Engineering unit bags $1.47b worth of tolling system contracts in New Jersey
The contracts will last beyond 10 years.
SIA Engineering posted higher H1 22/23 profit due to flight recovery
The firm recorded $32.5m net profit in the first half of 2022/2023.
Labour cost inflation to moderate ST Engineering’s P2F business
The firm is experiencing a labour shortage of c.10%.
ST Engineering’s profit to grow up to 17% in 2023-2024: RHB
Thanks to the company’s strong order book.
Keppel units to jointly acquire South Korean waste management firm
The proposed acquisition is expected to be completed in H2 2022.
Keppel Corp’s China property market to recover in medium term
The firm’s interests in June may contribute to the turnaround.
Keppel Infrastructure Trust distributable income drops by 13%
The firm blames the drag to higher trust expenses.
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