Heritage software systems are no more effective in the fast innovative world of information & technology. Companies which are serving the community for the last several years are usually faces the problems to match with the existing more developed technological environment. Best solution for this problem is Software re-engineering.
Posts Tagged ‘Engineering’
Software Development – Making Legacy Systems Productive Software Re Engineering Posted By : Btucker
January 29th, 2011 |
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SIA Engineering off 1.0%; 4Q results in-line – OCBC
January 26th, 2011 |
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SIA Engineering (S59.SG) off 1.0% at $4.18 after it posts 3Q revenue at $269.5 million, +11.6% on year and down 2.7% on quarter with net profit of $60.3 million, +7.7% on year and down 9.3% on quarter.
Despite the sequential declines, selling is light with only 116,000 shares traded, as the results were largely within expectations.
Jan 26: Harry’s, Keppel, SIA Engineering, XMH
January 26th, 2011 |
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The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close. Singapore’s Straits Times Index lost 0.1% to 3,181.15.
Fortune Real Estate Investment Trust (FRT SP): The Hong Kong-based shopping mall operator said fourth-quarter income for distribution increased 11% to HK$105.7 million ($17.4 million) from a year ago. The stock was unchanged at HK$4.05.
SIA Engineering 3Q profit rises 7.7%
January 25th, 2011 |
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SIA Engineering Co. reported third-quarter net income of $60.3 million, 7.7% more than a year earlier.
Revenue gained 12% to $269.5 million, SIA Engineering said in a statement to the Singapore stock exchange today. The group will continue to benefit from the recovery in the aviation industry, according to the statement. Demand for maintenance, repair and overhaul services is expected to remain firm.
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ST Engineering +0.6% on 4Q contracts worth $320m
January 21st, 2011 |
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ST Engineering (S63.SG) is up 0.6% at $3.31 after it says its aerospace arm clinched around $320 million worth of new contracts in 4Q.
The company says the contracts, which range from 3-12 months in duration, include new components and engine maintenance contracts, as well as airframe contracts involving heavy maintenance checks, passenger-to-freighter and passenger-to-passenger/cargo conversions and interior refurbishments.
Jan 21: Ascott, K-REIT Asia, ST Engineering
January 21st, 2011 |
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The following companies may have unusual price changes in Singapore trading. Stock symbols are in parentheses, and share prices are from the previous close.
Singapore’s Straits Times Index dropped 1.1% to 3,205.48.
Ascott Residence Trust (ART SP): The serviced apartment operator partly owned by CapitaLand (CAPL SP) said fourth- quarter distributable income doubled to $23.9 million from $11.5 million a year ago. The stock lost 0.8% to $1.22.
Jan 21: Singapore stocks may dip; ST Engineering in focus
January 21st, 2011 |
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Singapore shares may open lower on Friday as disappointing US earnings and fears of further monetary tightening in China turned sentiment sour. Singapore’s benchmark Straits Times Index <.FTSTI> was down 1.13% on Thursday to 3,205.48 points.
Here are some stocks and factors to watch:
ST Engineering wins maintenance contracts worth $320m
January 20th, 2011 |
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Singapore Technology Engineering, which makes arms and repairs aircraft, said its aerospace business received maintenance orders worth $320 million in the fourth quarter of last year.
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Rotary wins $14.6m EPC deal to build new plant and upgrade existing facilities on Jurong Island
January 19th, 2011 |
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Mainboard-listed Rotary Engineering has secured a $14.6 million Engineering, Procurement and Construction (EPC) contract to add new facilities to an existing plant on Jurong Island for chemicals company Stepan Asia Pte Ltd.
Morgan Stanley starts Amtek Engineering at overweight
January 11th, 2011 |
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Morgan Stanley initiates Amtek Engineering (M1P.SG) at Overweight with a $1.46 target; it says since delisting in 2007, Amtek has repositioned itself under new management as a specialist in the manufacture of complex metal precision components, broadening its product line-up, clientele and end-market applications.
Amtek Engineering started at Buy by DBS Vickers; $1.65 target
January 11th, 2011 |
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DBS Vickers initiates Amtek Engineering (M1P.SG) with a Buy call, and a target of $1.65, which offers 27% upside plus 5.0%-6.0% dividend yield.
It says “Amtek is a pioneering metal stamper founded in Singapore in 1970. After a private equity buyout in 2007, management quickly re-organised the business to move it further up the value chain and to improve the cross selling of higher value added products and services to existing and new customers.”
Hyundai Engineering wins $453m order from Singapore
January 10th, 2011 |
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Hyundai Engineering & Construction Co. said it received an order from Asia Square Tower 2 Pte to build an office building in Singapore’s Marina Bay area for about US$350 million ($453 million). Construction is expected to be completed in 2013, the South Korean company said today in an e-mailed statement.
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SIA Engineering Co – Corporate moves
January 6th, 2011 |
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Goh Choon Phong has been appointed non-ED wef Jan 1
Work experience: Executive VP, marketing & the regions, Singapore Airlines Ltd; president, Singapore Airlines Cargo Pte Ltd
ST Engineering’s electronics arm acquires remaining 30% equity stake in PM-B
January 5th, 2011 |
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ST Engineering says ST Electronics (Info-Software Systems) (STEE-InfoSoft) has acquired the remaining 30% equity stake in PM-B from the other existing shareholder, Nicky Ting, for a total cash consideration of $2 million.
With the acquisition, PM-B becomes a wholly-owned subsidiary of STEE-InfoSoft, which in turn is a wholly-owned subsidiary of ST Electronics, the electronics arm of ST Engineering.
Capital Group raises stake in Amtek Engineering
December 21st, 2010 |
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Amtek Engineering says Capital Group has increased its stake in the company from 5.52% to 6.33%, or from 30 million to 34.4 million shares. The increase by Capital Group follows the open market purchase of 2.9 million shares by Aranda Investments, a wholly-owned subsidiary of Temasek Holdings, on 2 Dec, increasing its stake in the company from 4.86% to 5.39%.
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ST Engineering unit wins contract to supply automatic fare collection system for Bangkok MRT
December 21st, 2010 |
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ST Electronics says it has been awarded a contract to supply an Automatic Fare Collection System (AFCS) for the extension of the Bangkok Mass Transit System (BTS) Sukhumvit Line in Bangkok, Thailand.
The contract was awarded by The Krungthep Thanakom Company Limited (KT), a Bangkok Metropolitan Administration Enterprise.
ST Electronics is the electronics arm of public-listed ST Engineering.
Keppel Integrated Engineering appoints BG (NS) Tay Lim Heng as CEO
December 16th, 2010 |
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Keppel Integrated Engineering (KIE), the wholly-owned environmental engineering arm of Keppel Corporation, says it has appointed BG (NS) Tay Lim Heng as its Chief Executive Officer with effect from Jan 1. He will continue to spearhead Keppel Group’s sustainable development business.
Tong Chong Heong, Chairman of KIE, says, “Lim Heng has adapted very quickly to the environmental engineering business. We are confident that he will help to capture value and grow KIE.”
Mun Siong Engineering rated ‘buy’ by DMG
December 10th, 2010 |
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DMG & Partners Securities in a Dec 9 research report says: “Newly-listed Mun Siong Engineering (MS Engineering), which provides mechanical and electrical engineering services, is well-positioned to ride the strong growth in the petrochemical industry in Singapore, given its strong track record.
SIA Engineering flat; SilkAir job discounted
December 10th, 2010 |
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SIA Engineering (S59.SG) surrenders its earlier rise to $4.31 and is now flat at $4.27, as the renewal of a fleet maintenance contract worth $300 million with SilkAir, the regional arm of SIA (C6L.SG), fails to inspire.