Building & Engineering

Oxley's stake in United Engineers climbs to 10.4%

UE is currently in the midst of a takeover bid by a consortium.

Oxley's stake in United Engineers climbs to 10.4%

UE is currently in the midst of a takeover bid by a consortium.

Construction sector output extends losing streak in Q2

The sector’s output contracted by 5.7% YoY.

ST Engineering's aerospace segment profits up 6% to $79m

This is due to contributions from the engineering & material services segment.

Wee Hur Holdings appoints Goh Wee Ping as CEO

He previously worked as business development executive/country manager.

ST Engineering completes 100% stake buy in Aethon

Aethon becomes part of the company's land systems segment.

What dragged ST Engineering's marine segment down in Q2?

There were cost provisions made on two LNG-powered vessels.

Dyna-mac loses $12.8m in Q2

Low revenue from few projects failed to pull the company up.

Non-residential construction sector seen to slow down starting this year

The large supply of commercial and industrial space could hamper investment on new projects.

ST Engineering's net profit slips 12% to $111.5m

It lost $8.1m due to the weak marine industry conditions.

Sembcorp's net profit sinks 13.7% to $194.9m in H1

Blame its weak-performing thermal power project in India.

Ng Chee Khern steps down as Singapore Technologies Engineering's director

He was previously chief of the Republic of Singapore Air Force.

Lee Gee Aik steps down as LHN's director

He resigned due to increasing personal and other commitments.

SIA Engineering takes advantage of airframe OEM deals

It inked two agreements with Boeing in the past two years.

Yoma's net profit up 71.7% to $3.9m

Props to its robust automotive and heavy equipment business.

Asian infrastructure spending to hit US$52t

China, India, and Japan will take up 40% of the global infrastructure spending need.