Soilbuild Construction *Official* (SGX: S7P)

[Jupiter2017]

Soilbuild Construction *Official* (SGX: S7P)
Starting a new thread since cannot find an existing thread.

 

[Jupiter2017]

http://www.shareinvestor.com/news/news.html?source=sg_si_express&nid=167536
Soilbuild Construction: Posts Net Loss Of S$4.1 Million For 3QFY2017.
01 Nov 2017 10:10

Decline in revenue due to completion of major projects. Focus on execution of new projects secured. Continued investment in construction technologies to drive productivity. Order book stood at S$502.7 mil
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Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=S7P.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...vest-over-s600m-to-build-kallang-way-facility
Soilbuild, Qualcomm's RF360 invest over S$600m to build Kallang Way facility
Wed, Nov 29, 2017 - 1:00 PM UPDATED Wed, Nov 29, 2017 - 2:39 PM MarissaLee marilee@sph.com.s

SOILBUILD Group is constructing a building at Kallang Way to house RF360, the Singapore joint venture company between American semiconductor giant Qualcomm and Japanese electronics components maker TDK.
RF360, formed in February, makes radio frequency modules and filters for mobile devices, drones, robotics, and automotive applications.
RF360 said that it is expanding to capture the strong demand growth in the radio frequency application market, and is committing S$500 million to the custom-built site.
Soilbuild is also investing over S$110 million in the building, Solaris @ Kallang 171, which is expected to be completed in June 2019 with a total gross floor area of over 320,000 square feet.
Solaris will be long-leased to RF360. Typically, leases for customised sites are no shorter than seven to 10 years.
Finance Minister Heng Swee Keat visited the Solaris construction site on Wednesday for a collaboration ceremony.
When the site is ready, RF360 will create 300 new jobs in the electronics manufacturing sector, Mr Heng said.
Solaris will house RF360's electronics production, research and development, product testing, laboratory and ancillary offices. Production will focus on surface acoustic wave (SAW) structured wafers, and state-of-the-art thin film acoustic packaging, which serves the module integration markets.
Qualcomm's Test Center of Excellence operations will also be housed there. Qualcomm owns 51 per cent of RF360 and TDK controls 49 per cent. Qualcomm also has a 30-month option from February to buy out TDK's stake.
An RF360 spokesman told The Business Times: "The Singapore government and Economic Development Board have shown continuous commitment to support and host the electronics industry. In addition, the SAW manufacturing for front-end production has been in Singapore since 1997 with a proven track record and supported by the highly skilled labour in Singapore."

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=S7P.SI

 

[Minx99]

http://www.businesstimes.com.sg/com...vest-over-s600m-to-build-kallang-way-facility
Soilbuild, Qualcomm's RF360 invest over S$600m to build Kallang Way facility
Wed, Nov 29, 2017 - 1:00 PM UPDATED Wed, Nov 29, 2017 - 2:39 PM MarissaLee marilee@sph.com.s

SOILBUILD Group is constructing a building at Kallang Way to house RF360, the Singapore joint venture company between American semiconductor giant Qualcomm and Japanese electronics components maker TDK.
RF360, formed in February, makes radio frequency modules and filters for mobile devices, drones, robotics, and automotive applications.
RF360 said that it is expanding to capture the strong demand growth in the radio frequency application market, and is committing S$500 million to the custom-built site.
Soilbuild is also investing over S$110 million in the building, Solaris @ Kallang 171, which is expected to be completed in June 2019 with a total gross floor area of over 320,000 square feet.
Solaris will be long-leased to RF360. Typically, leases for customised sites are no shorter than seven to 10 years.
Finance Minister Heng Swee Keat visited the Solaris construction site on Wednesday for a collaboration ceremony.
When the site is ready, RF360 will create 300 new jobs in the electronics manufacturing sector, Mr Heng said.
Solaris will house RF360's electronics production, research and development, product testing, laboratory and ancillary offices. Production will focus on surface acoustic wave (SAW) structured wafers, and state-of-the-art thin film acoustic packaging, which serves the module integration markets.
Qualcomm's Test Center of Excellence operations will also be housed there. Qualcomm owns 51 per cent of RF360 and TDK controls 49 per cent. Qualcomm also has a 30-month option from February to buy out TDK's stake.
An RF360 spokesman told The Business Times: "The Singapore government and Economic Development Board have shown continuous commitment to support and host the electronics industry. In addition, the SAW manufacturing for front-end production has been in Singapore since 1997 with a proven track record and supported by the highly skilled labour in Singapore."

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=S7P.SI

A potential ROFR for soilbuild Reit perhaps....

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...on-subsidiary-snags-us39m-contract-in-myanmar
Soilbuild Construction subsidiary snags US$3.9m contract in Myanmar
Wed, Nov 29, 2017 - 9:19 PM Navin Sregantan navinsre@sph.com.sg

A WHOLLY-OWNED subsidiary of Singapore-listed Soilbuild Construction Group has been awarded a contract worth US$3.9 million for construction works in Myanmar.
The subsidiary - Soilbuild Construction (Myanmar) Company Ltd - will work on civil and superstructure work on a food service distribution centre in Myanmar's Thilawa Special Economic Zone.
The contract was awarded by Metro Wholesale Myanmar Ltd (Metro), its third with the Myanmar arm of Soilbuild Construction.
Works are expected to commence in December 2017, with completion expected within seven months from the commencement date of the construction works, the company said in an aftermarket filing with the Singapore Exchange on Wednesday.
Ho Toon Bah, executive director of Soilbuild Construction, said: "We are delighted to be awarded with this third construction contract by Metro, which demonstrates the confidence our client has in the group. Moving forward, the group will continue to leverage on our multi-disciplinary track record and experience within the construction space, particularly in the industrial building sector, to secure more contracts in Myanmar."
Soilbuild Construction shares finished S$0.005 or 2.9 per cent lower at S$0.17 on Wednesday.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=S7P.SI

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...or-tuas-south-link-site-to-soilbuild-for-s26m
JTC awards tender for Tuas South Link site to Soilbuild for S$2.6m
Thu, Jan 25, 2018 - 3:59 PM Navin Sregantan navinsre@sph.com.sg

JTC Corporation on Thursday awarded the tender for an industrial site at Tuas South Link 3 (Plot 16) to Soilbuild Construction at a tendered price of S$2.634 million.
The tender for the site was launched on Sept 26, 2017 and closed on Nov 21, with one bid submitted.
Separately, JTC said that the tender for an industrial site at Jalan Lam Huat (Plot B) will not be awarded.
While a single bid for the site was received, it was not accepted as the offered price was too low, JTC added.
The tender for the Jalan Lam Huat plot was launched on Oct 31 , 2017 and closed on Dec 26.

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