CSC Holdings: Secured more than $60m worth of foundation and geotechnical engineering contracts in past 2 mths which include 2 Downtown Line 3 projects, residential projects in Yishun and Sengkang, industrial project in Jurong and Tuas. 2 contracts were in Msia Klang Valley as well. Current orderbook is approx $210m. Co is trading at high 24.8x P/E due to losses in 4Q Mar end and most recent weaker 1Q results.
However co is a potential beneficiary of DTL 3 contracts with relevant past contracts below
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