CSC Holdings - for now, best to wait and see

ON Friday, shares of construction and engineering firm CSC Holdings were actively traded, rising marginally before ending unchanged for the day at S$0.028 on volume of 19.8 million.

The company's warrants followed suit, rising S$0.002 or 11.8 per cent to S$0.019 on volume of 6.8 million. Heightened activity suggests heightened interest, which leads to the conclusion that CSC's warrants warrant a look.

The company describes itself as "Singapore's largest foundation and geotechnical engineering specialist and the region's leading ground engineering solutions provider for private and public sector works which include residential, commercial, industrial and infrastructure projects". CSC was founded in 1975 and has been listed on the Singapore Exchange's mainboard since 1998, so it has almost a 20-year track record as a public company.