The following are two strong sectors that are highly recommended to invest in.
1) Marine and Shipping
- Cosco
- Keppel Corp
- LabroyMar
- Penguin
- SembMarine
- Semb Corp
- Swiber
2) Construction
- Yongnam
- CSC
- Koh Bros
- Hiap Seng
The three main construction projects up for tender are as follow:
1) Marina and Sentosa IR
- Yongnam
- CSC
Announcement for award is likely to be announced by December 2007. Currently, CSC has won a $240 million contract for foundation and piling works at Marina, and $6 million for land surveying at Sentosa.
2) Jurong Island Project
- Rotary
- OKP
- PSL
- Hiap Seng
- Yongnam
Announcement for award will be announced in September and October 2007.
3) Downtown Line Extension
Announcement for award is likely to be awarded in September 2007.
Dear all,
A gentle reminder: Due to the current volatile market, please trade with caution.
Note: Not an inducement to trade. You are encouraged to do your own research. I will not be responsible for any losses incurred.