Cross Island MRT line

Hollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2023

Retrieved on:

Thursday, March 7, 2024

BEIJING, March 7, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys," the "Company" or "we"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for the second quarter and the first half of fiscal year 2024 ended December 31, 2023.

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Net income attributable to Hollysys was $45.8 million, a decrease of 34.3% compared to the comparable prior year period.
Non-GAAP net income attributable to Hollysys was $46.8 million, a decrease of 35.5% compared to the comparable prior year period.
BEIJING, March 7, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys," the "Company" or "we"), a leading provider of automation and control technologies and applications in China, today announced its unaudited financial results for the second quarter and the first half of fiscal year 2024 ended December 31, 2023.
Second Quarter and First Half Year Ended December 31, 2023 Unaudited Financial Results Summary

Multi Ways Holdings Announces First Half 2023 Unaudited Financial Results, Provides Corporate Updates

Retrieved on:

Tuesday, October 31, 2023

King Albert Park MRT station, Multi-way bridge, Cross Island MRT line, NYSE, MWG, Cryptocurrency

NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announces first half 2023 unaudited financial results and provides corporate updates.

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NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Multi Ways Holdings Limited (“Multi Ways” or the “Company”) (NYSE American: MWG), a leading supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region, today announces first half 2023 unaudited financial results and provides corporate updates.
Mr. James Lim, Chairman and Chief Executive Officer of Multi Ways, commented, “In the first half of 2023, we navigated a challenging landscape marked by higher borrowing costs, intensified competition, and shifting buyer preferences.
Batam's strategic location provides efficient import and export capabilities, positioning it as an invaluable hub for businesses like Multi Ways, engaged in international trade.
Multi Ways will transfer cranes from Singapore to Batam, which, although no longer operational in Singapore, can be repurposed for trading or renting in Batam.

Jacobs Secures Rail Contract in Singapore

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Wednesday, June 8, 2022

DALLAS, June 8, 2022 /PRNewswire/ -- Jacobs (NYSE:J) has been appointed as the design consultant for the design and construction of the Tavistock Station and Tunnels, as part of the Cross Island Line Phase 1 project in Singapore. Constructed in three phases, the Cross Island Line is Singapore's eighth Mass Rapid Transit (MRT) line with the longest fully underground network. It will serve existing and future developments in the eastern, north-eastern and western corridors – linking major hubs and interchanges and make commuting across the rail network more convenient and efficient.

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It will serve existing and future developments in the eastern, north-eastern and western corridors linking major hubs and interchanges and make commuting across the rail network more convenient and efficient.
The contract is valued at approximately $302 million (SGD$407 million) and comprises the design and construction of the underground station, bored tunnels, launching shaft for tunnel boring machines and associated building services.
"This appointment builds on Jacobs' strong track record of delivering transformational projects in Singapore, as well as strengthening our presence in the growing transport infrastructure market across Asia," said Jacobs People & Places Solutions Senior Vice President Keith Lawson.
Jacobs will work with Sato Kogyo, which was awarded the contract by Singapore's Land Transport Authority , to provide civil, structural and architectural design services and maintain critical oversight through to the construction of the project.

Singapore Construction Market Report 2022: Market is Expected to Register an Annual Average Growth of 4.5% from 2023 to 2026 - ResearchAndMarkets.com

Retrieved on:

Tuesday, May 24, 2022

The "Singapore Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.

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The "Singapore Construction Market Size, Trends and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2022-2026" report has been added to ResearchAndMarkets.com's offering.
The construction industry in Singapore registered an annual growth of 20.1% in real terms in 2021 - up from a decline of 38.4% in 2020.
The industry's growth in 2021 was supported by the low base in 2020, coupled with an improvement in global economic conditions and investment in infrastructure and housing construction projects.
The industry is expected to register an annual average growth of 4.5% from 2023 to 2026, supported by a rise in the total value of contracts awarded for construction, coupled with investments in transport, housing, renewable energy and manufacturing infrastructure projects.

Mainboard-listed BBR awarded S$363 million contract for design and construction of Pasir Ris East Station for Cross Island Line 1

Retrieved on:

Wednesday, February 9, 2022

SINGAPORE, Feb 9, 2022 - (ACN Newswire) - Mainboard-listed BBR Holdings (S) Ltd ("BBR" or "the Group") today announced that the Land Transport Authority ("LTA") has awarded a S$363 million civil contract for the design and construction of Pasir Ris East station, under the first phase of the Cross Island Line (CRL1), to Singapore Engineering & Construction Pte.

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SINGAPORE, Feb 9, 2022 - (ACN Newswire) - Mainboard-listed BBR Holdings (S) Ltd ("BBR" or "the Group") today announced that the Land Transport Authority ("LTA") has awarded a S$363 million civil contract for the design and construction of Pasir Ris East station, under the first phase of the Cross Island Line (CRL1), to Singapore Engineering & Construction Pte.
Mr Andrew Tan, BBR's Chief Executive Officer said: "We are delighted in winning the LTA's contract for the Pasir Ris East Station for Cross Island Line 1.
Singapore Engineering and Construction Pte Ltd is a wholly owned subsidiary of BBR.
Construction works for the CRL1 Pasir Ris East station are expected to start in the second quarter of this year, with passenger service expected to commence in 2030.