Boustead Singapore has announced the appointment of Mak Lye Mun as an independent non-executive director of the company, from July 29. Mak is currently a member of the inaugural SGX Listings and Advisory Committee as well as the Listing Committee for ADDX (ICHS Tech) which looks into investments in ...

Wong Fong Industries’ wholly-owned subsidiary, Wong Fong Engineering, has been granted an option to purchase (OTP) by Lian Hoe Hardware on June 24. The OTP is in relation to the proposed acquisition of a property at 38 Joo Koon Road for a consideration of $6.5 million. The option fee of $64,880 re...

Boustead Singapore has reported earnings of $91.3 million for the 2HFY2021 ended March, 394% higher than earnings of $18.5 million in the same year before. This brings earnings for the FY2021 to $113.1 million, 266% higher than earnings of $30.9 million in the FY2020. The group’s full-year earning...

Boustead Singapore, the engineering services and geo-spatial technology group, saw earnings surge 76% to $21.8 million for the 1HFY2021 ended Sept 30, from the $12.4 million registered a year ago. 1HFY2021 revenue dipped slightly at 1% y-o-y to $289.7 million. While the Covid-19 pandemic did not hav...

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SINGAPORE (July 7): Boustead Singapore, the engineering services and geo-spatial technology group saw its earnings rise 11% to $18.5 million for 2H20 ended March, from the $16.6 million posted in 2H19. The group, however, saw earnings for FY20 fall 5% to $30.9 million compared to the $32.5 million r...

SINGAPORE-BASED robotics startup Botsync has bagged an undisclosed amount of seed funding in a round jointly led by Wong Fong Industries, Seeds Capital, Angelhub and Artesian Venture Partners.

SINGAPORE (May 26): Wong Fong Industries, the provider of land transport engineering solutions and systems, announced Tuesday, that it has acquired HTMi Hotel and Tourism Management Institute (HTMi). Wong Fong Industries’ subsidiary Ascendo International Holdings on Monday (May 25) entered into a ...

DECLARING incorrect working hours, wrongly submitting a claim for a trainee and choosing irrelevant courses were among the breaches that got Ascer, a subsidiary of Wong Fong Industries, suspended from SkillsFuture Singapore (SSG) funding schemes for a year. 

SKILLSFUTURE Singapore (SSG) has suspended Wong Fong Industries' subsidiary, Ascer, from all its funding schemes for a period of 12 months from April 24.