- MAINBOARD-listed Technics Oil and Gas and its Middle East Consortium partner have received a letter of award to set up a gas processing facility in South Asia worth S$166 million. The contract is for two years of operations and maintenance where the terms and conditions have yet to be finalized.
- SHARES of ComfortDelgro surged more than six percent on Wednesday after the transport operator posted a 9.7 per cent year-on-year rise in its first quarter net profit. ComfortDelgro shares opened at S$2.15 before climbing to S$2.26 each. They were trading at S$2.22, up 10 cents, or 4.72 per cent,
- NEWLY-listed PACC Offshore Services Holdings Ltd (POSH) has won an US$80.5 million charter contract from Brazil’s national oil company Petrobas for a semi-submersible accommodation vessel (SSAV). Petrobras will charter the vessel named “POSH XANADU” for a year from December, and has an option to extend it by another year. If so, the total contract value will be more than US$144 million.
- BUY CAPITALAND LTD ABOVE 3.130 TG 3.180, 3.230, 3.300 SL 3.060