Boustead

Boustead: Awarded multi-million dollar contract to design and build a demineralisation and condensate polishing plant on Jurong Island for Sembcorp Industries. Other projects undertaken by Boustead include several wastewater treatment plants in Tembusu Multi-Utilities Complex, SMAG Complex and Pulau Seraya Power Station. This raises co's orderbook to $417m. Boustead currently trades at 19.8x trailing P/E but gave a 8.1% yield last yr. Their dividends are irregular but co included a special div in the prev 2 yrs.