Boustead

Boustead: Boustead said that the value of contracts secured by the group since its 1H14 financial yr, has topped the $300m mark, surpassing that for the whole of FY13. This come as Boustead announced that its energy-related engineering division had recently secured some $38m in contracts globally from the oil & gas industries, raised the unit's energy orders to above $140m. The latest deals are not expected to have a material impact on the profitability, earnings per share and net asset value for FY14. In total, the group's order backlog now stands at $523m, stretching earnings visibility over the next one year.