- We continue to like CSE Global (SGX:544) for its positive prospects, led by upcoming Amazon orders in the coming years.
- Its orderbook (S$467m as of Sep 2025) is now bolstered by further order wins, which should support core earnings growth. CSE’s warrant issue to Amazon is positive, in our view, with growth backed by the latter’s planned US$1.5bn over the next five years.
Secures further contract wins.
- - Read this at SGinvestors.io -
- The projects involve designing and manufacturing power distribution centres, as well as integrating complex electrical and control systems and equipment for the LNG market in the US. The timeline for the execution of the contracts is expected to be between 2026 and 2028.
- - Read this at SGinvestors.io -
- CSE has been building a strong momentum of orders from the fast-growing DC market, driven by the growing demand for cloud services. This variation contract is expected to contribute positively to group numbers to FY26F.
Received SGX’s in-principle approval for proposed warrants issuance.
- Read more at SGinvestors.io.
