FOR the five trading sessions that spanned Nov 11 to Nov 17, the Straits Times Index (STI) gained 3.6 per cent, with the Hang Seng Index gaining 11.6 per cent and the FTSE Bursa Malaysia KLCI gaining 2.4 per cent.

UOB Kay Hian analyst Adrian Loh has maintained his “overweight” rating for the oil and gas sector, with most of Singapore’s oil-related companies performing well in 2021.A majority of Singapore’s diverse range of oil-related stocks in both upstream and downstream sectors generated strong pos...

The recovery stories of most companies are punctuated by cost-cutting, meas­ures to improve efficiency, and for some, retrenchment exercises for staff as they sank into the red during the pandemic.For engineering services firm Dyna-Mac, which mainly builds what is known as top­side modules and fac...

SAC Capital’s Lim Shu Rong has called engineering services firm Dyna-Mac “a force to be reckoned with” as oil prices continue to rise and energy needs become more pressing.Lim has initiated coverage on the company with a non-rated report on June 29.In the report, Lim writes that the floating p...

UOB Kay Hian analyst Adrian Loh is keeping his “buy” call on Sembcorp Marine (SembMarine) with an unchanged target price of 15.6 cents after the company posted a new order win worth $200 million from the Brazilian Navy on June 14.The latest win would result in a net orderbook of $1.95 billion, u...

Sembcorp Marine’s (SCM) management has taken pains to explain the rationale for the proposed combination of its business with that of Keppel Offshore & Marine (KOM). Investors have, by and large accepted the rationale and possibly necessity of such a combination. What investors are questioning...

Dyna-Mac Holdings is an overlooked beneficiary of the oil and gas (O&G) capex cycle, said UOB Kay Hian’s Singapore research team in an unrated report.The analysts highlighted that Dyna-Mac reported an $180 million order for the construction of topside modules for a floating production storage ...

Sunny George Verghese, co-founder and group CEO of Olam Group, has increased his stake in the agri-commodities player. On May 27, Verghese acquired 500,000 shares at about $1.47 each. On May 31, he acquired another 500,000 shares at $1.53 each. The acquisitions bring his direct stake in the company ...

Lim Ah Cheng, CEO of Dyna-Mac Holdings, has raised his stakeholding in the company after it won a spate of new orders. On May 13, Lim acquired 168,000 Dyna-Mac shares on the open market for $23,856 or 14.2 cents each.With the purchase, Lim now holds just over 1.98 million shares or 0.193% of the com...

SINGAPORE stocks rose in early trade on Thursday (May 5) tracking overnight gains on Wall Street after the <a href="/government-economy/us-feds-half-point-hike-biggest-since-2000-powell-signals-more-to-come-in" target="_blank">US Federal Reserve announced a half-poi...

SHARES of mainboard-listed Dyna-Mac Holdings jumped as much as 17.1 per cent on Wednesday (May 4) after the group announced a <a href="/companies-markets/dyna-mac-wins-s180m-contract-net-order-book-hits-record-high-of-s6411m" target="_blank">S$180 million contract w...

Dyna-Mac Holdings has been awarded a firm contract with a provisional sum of $180 million on May 4, bringing its net order book to date at a record high of $641.1 million. The latest contract was signed with one of the company’s long-time repeat customers. It was for the construction of topsid...

DYNA-MAC Holdings, which fabricates topside modules and structures for the offshore oil and gas industry, on Tuesday (May 3) said it obtained a firm contract with a provisional sum of S$180 million from a long-time repeat customer.

CGS-CIMB Research analyst Lim Siew Khee is staying “overweight” on Singapore’s offshore and marine sector, as the Keppel Offshore and Marine (Keppel O&M) and Sembcorp Marine (SembMarine) merger is confirmed.Lim estimates Keppel Corporation’s (Keppel Corp) share price accretion post divid...

SHARES of Dyna-Mac Holdings hit a 2-year-3-month high on Wednesday (Apr 27) following news of the <a href="/companies-markets/sembmarine-keppel-om-units-to-merge-keppel-to-realise-s94b-in-value" target="_blank">proposed merger</a> of Keppel Offshore &amp; ...