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...