Disclosure to SGX on 15 Aug 16, after market hours (PDF)
Google Finance (J2T)
Closed: 0.340
In view of the new 60:40 JV project, HLS's construction order book will increase to about S$980 million. It is the highest ever since FY2010.
HLS has 60% share of the JV.
Sembcorp Design and Construction ("the JV partner") is wholly owned by blue chip Sembcorp Industries (U96).
I am currently vested in HLS and will seek to increase my stakes following the announcement. Buy first, analyze later.
Did not add any as my bid price did not meet the open price. Now will wait patiently for it to slide lower before buying, the hype seems to be over.
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