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UOB Kay Hian forecasts that Singapore's construction sector will outperform due to strong demand, with annual construction demand averaging $30b to $40b. The sector is supported by public projects like the Deep Tunnel Sewerage System and new MRT lines. UOB has maintained an overweight call on the sector, citing improved valuations and strong orderbook positions. Key picks include Centurion, Reclaims Global, and Tiong Woon. Risks include labor shortages and cost inflation.
Aedge Group Ltd :SEES NET PROFIT AFTER TAX FOR 1H FY2026EXPECTED RESULT DUE TO INCREASED REVENUE ACROSS ALL BUSINESS SEGMENTS IN HY
Chasen Group's new logistics center, built with an investment of 80 million yuan, has officially opened, doubling the warehouse capacity to 390,000 square feet. About one-third of the new center is a clean room for handling precision semiconductor equipment. Singapore's Minister of State for Trade and Industry, Low Yen Ling, emphasized at the opening ceremony that Singapore is enhancing its supply chain ecosystem by investing in maritime and air transport infrastructure
Chasen Holdings Limited has secured S$70.8 million in new projects despite economic challenges. The Specialist Relocation segment contributed S$54.5 million, including contracts for lithium-ion battery manufacturers in the U.S., while the Technical & Engineering segment added S$16.3 million in projects in Singapore, such as solar panel installations. These developments are expected to strengthen Chasen's market position and showcase its resilience amid geopolitical issues. Chasen Holdings is a diversified logistics group based in Singapore, focusing on specialist relocation and technical services.
Beng Kuang Marine Secures Projects Worth Nearly SG$16 Million; Shares Down Nearly 8%
