Construction / Engineering
Ryobi Kiso Holdings Ltd's Subsidiary Announces Incorporation Of Ryobi Kiso (S) Pte Ltd
Ryobi Kiso Holdings Ltd announced that it has incorporated a new subsidiary, Star Piling Pte. Ltd. through its wholly owned subsidiary, Ryobi Kiso (S) Pte. Ltd. in Singapore. The Share holding pattern is Ryobi Kiso (S) Pte. Ltd. (75%) and Wong Tuck Lam (25%). The Principal Activities is Piling, earth retaining systems, foundation and civil engineering works.
Boustead Singapore Ltd Announces Incorporation Of Subsidiaries
Boustead Singapore Ltd announced that the Company has incorporated the following wholly owned subsidiaries in Singapore; Boustead Trustees Pte. Ltd, Boustead Trustee-Manager Pte. Ltd and Boustead Funds Management Pte. Ltd. Separately, the Company’s 100% owned subsidiary, Boustead Projects Pte Ltd, has also incorporated the following wholly owned subsidiaries in Singapore; BP-SCC Pte. Ltd., and BP-EA Pte. Ltd. The incorporation of the above subsidiaries, with initial paid up capital of SGD2 each, is not expected to have any material impact on the Boustead Group’s earnings per share or net tangible assets per share for the financial year ending March 31, 2014.
Suzhou Gold Mantis Construction Decoration Co Ltd to Establish New Branches
Suzhou Gold Mantis Construction Decoration Co Ltd announced that its Board of Directors has decided to establish Fuzhou Branch and Jinhua Branch, on the director's meeting held on June 24, 2013.
TEE International Ltd Announces Incorporation Of New Wholly-Owned Subsidiary
TEE International Ltd announced that the Company has established a new wholly-owned subsidiary, TEE Engineering Private Limited (TEE Eng). TEE Eng is incorporated in Singapore with the initial issued and paid-up capital of SGD1.00. The principal activity of TEE Eng is investment holding.
Fuji Furukawa Engineering & Construction Co Ltd to Establish Subsidiary in Indonesia
Fuji Furukawa Engineering & Construction Co Ltd announced that it has decided to establish a 66.75%-owned subsidiary, PT.Fuji Furukawa E&C Indonesia, which is engaged in electric business, air conditioner business, information communication equipment construction, construction works, engineering, design and general equipment construction in Indonesia, in September 2013. The remaining 33.3% stake in the subsidiary will be held by PT.GLOBALNINE INDONESIA.
Lemminkainen Oyj Starts Construction of Tapiola Residential Project in St. Petersburg
Lemminkainen Oyj announced that it has obtained a building permit for the residential building planned for the plot in the St. Petersburg city center, which was purchased by Lemminkainen in autumn 2012. The Company will begin the construction of the EUR 200 million project immediately. The new site is located by the Obvodny canal close to Moskovsky Prospekt, and it will comprise 757 apartments. In the first phase, Lemminkainen will build 339 apartments that are scheduled for completion by the end of 2014. The entire project should be completed by the end of 2015. Tapiola is Lemminkainen's residential development and construction project, in which Lemminkainen is responsible for the design, construction and sales. This project comprises a total apartment floor area of approximately 52,000 square meters. In addition, the plot will accommodate approximately 4,000 square meters of office and commercial premises, which will be sold separately, as well as 360 parking spaces. The project also includes a kindergarten.
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Analyst Research
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Provider: Edison Investment Research
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Provider: Edison Investment Research
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