TTJ

TTJ has secured 4 industrial construction projects worth approx $15m. 2 contracts are for the Sg LNG Terminal on Jurong Island, the 3rd for provision of structural steelwork for a rubber production plant in Sg and the 4th from Shell for proj on Pulau Bukom. Co has commenced work on some projects with completion due by end of 2012. This boosts co's orderbook to current $184m with order visibility to 2012. Stock currently trades at 7.4X P/E.