Nordic Group Secures Contracts Worth SG$49 Million; Shares up 5%
Nordic secured several contracts worth around SG$48.7 million, according to a Saturday filing with the Singapore Exchange.
Shares of the company were up over 5% in recent trading.
The contracts included an SG$7.8 million contract for the manufacture of valve and actuators, control and tank gauging systems and electrical instrumentation work from the system integration division.
The precision engineering division secured a contract worth SG$9.2 million for machining services and mechanical assembly.
The scaffolding and insulation and petrochemical and environmental engineering divisions secured a contract worth SG$5.3 million.
Meanwhile the company also secured contracts for ad-hoc, maintenance and hookup services worth SG$25.1 million along with a structural engineering and construction services contract worth around SG$1.3 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Most Discussed
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10