Boustead: Co. has bagged a $57m contract to design and build a facility for ST Electronics. A specialist in industrial real estate solutions at Ang Mo Kio. The latest contract win extends the group's three-mth winning streak, with grp securing projects totalling $90m from names such as Greenpac, Kerry Logistics, Shinko Plantech and a Fortune 100 transnational healthcare and pharmaceutical corporation.
Cumulatively, since the onset of financial year 2012, Boustead has garnered more than $173m in new contracts and the group's order book currently hovers around $380m vs FY11 rev of 512m, underpinning earnings till 2012.
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