soilbuild construction

HOCK LOCK SIEW

Barging blindly into Singapore’s construction boom could be a bust for some investors

Those dipping their toes in now are no longer buying the boom, but betting that these companies can manage their costs

Soilbuild says the contracts are not expected to have any material impact on its consolidated net tangible assets per share and consolidated earnings per share for the financial year ending Dec 31, 2026.

Soilbuild Construction bags new contracts totalling S$158 million

The deals enhance revenue visibility and bring group’s order book value to around S$1.07 billion as at end-December

Soilbuild Construction's shares traded at S$0.76 at the end of 2024 and rose to S$3.14 on Friday.

Soilbuild Construction proposes four-for-one stock split after 313% year-to-date rise

The company currently has an issued and paid-up share capital of S$107.9 million comprising 165.5 million shares

Soilbuild notes the process of a potential listing is still at an early stage, with details such as the structure, timing and terms still yet to be determined.

Soilbuild Construction mulls spinoff, SGX listing of precast and prefab business

Potential listing will be subject to market conditions, commercial negotiations and relevant regulatory and approvals

Lim Han Ren, executive director and group chief executive officer of SoilBuild Construction, says the new contracts reflect the company's capabilities as a green builder.

Soilbuild Construction signs new contracts totalling S$178.6 million

The builder says the deals enhance revenue visibility and took its order book to around S$1.21 billion as at end-May

Some S$47 billion to S$53 billion in construction contracts are expected to be awarded this year, according to the Building and Construction Authority.
BROKERS’ TAKE

SAC Capital lifts Soilbuild target price on strong order book, maintains its ‘buy’ call

This comes on the back of solid execution and improving profitability

Soilbuild group chief executive officer Lim Han Ren's experience in private equity has helped him to identify new opportunities, as well as ways to strengthen the construction company’s brand and differentiate itself from competitors.
TOPLINE

Soilbuild Construction makes a comeback

The company’s revenue has risen 58% to S$391.8 million and earnings have more than trebled to S$26.6 million in FY2024

Justin Gabbani, chief executive officer, investment management, at Lendlease, says: "This strategic acquisition underscores our commitment to the rapidly expanding life sciences and R&D real estate market in Asia-Pacific."

Warburg, Lendlease buy S$1.6 billion in industrial assets from Blackstone-Soilbuild private Reit

They comprise business parks and high-tech industrial facilities tenanted to blue-chip companies