Friday, May 25, 2012
PSL
PSL: Awarded 2 foundation engrg contracts amounting to $24m for bored piling works which includes the Yale-NUS College and the expansion of a major oil plant on Jurong Island. Co's total orderbook of contracts secured YTD amounts to approx 30m In a separate announcement, co has signed a non-binding MOU with an Indonesian individual who controls a portfolio of coal exploration concessions in Sumatra. Co has obtained rights to carry out due diligence and discuss relevant info on the concessions. YTD orderbook is approx $30m including these contracts.
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