Boustead

Boustead: Co. announced that it has secured $35m worth of contracts from O&G industries in Australia, Brazil and India. Contracts involve design, process engineering and construction of key large scale process systems, waste heat recovery units and critical process control systems for O&G infrastructure developments. Grp orderbook backlog stands now at $345m vs 9M11 rev at $276.9m, underpinning earnings visibility for FY12.