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Thursday, September 4, 2008

Latest stock news

Chip Eng Seng Corporation Ltd announced that the Company’s wholly owned subsidiary, Chip Eng Seng Contractors (1988) Pte Ltd has been awarded a design and build contract worth $156 million by the Housing & Development Board in Punggol West.

Asia Tiger Group Limited announced its subsidiary has signed a letter of intent with PT Indonesia Fibreboard Industry for a $13.9 million turnkey project for the construction of a 15MW mixed fuel fired cogeneration plant.

Swiber Holdings Limited announce that its wholly-owned subsidiary, Kreuz Engineering Limited, has entered into agreements for the sale and leaseback of five vessels for a consideration of approximately US$225 million.

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