The Business Times
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Engineering

Companies & Markets
TOPLINE

Tiong Woon’s next heavy lift: S$200 million revenue by FY2030, as it expands beyond crane rental

Marunda’s managing director Rachel Wong (middle, red dress), with the Marunda team at the Enterprise 50 Awards 2024.
SGSME
ENTERPRISE 50

Defence engineering firm Marunda holds its own in an industry of giants

The proposed investment is part of UMS’ drive to expand its manufacturing footprint, enhance its precision engineering capabilities and capture growth opportunities in the semiconductor “super cycle”.
Telcos, Media & Tech

UMS signs pact for joint venture with three Vietnamese precision engineering firms

ABB's full-year operational Ebitda (earnings before interest, taxes and amortisation) rose to US$2.1 billion, ahead of analysts' forecasts of US$2 billion.
International

ABB lifts 2026 sales outlook after data centre demand boosts quarterly results

ST Engineering's order conversion is forecast to be uneven, despite an international defence market worth over US$11 billion.
Companies & Markets
BROKERS’ TAKE

High order backlog, global ‘defence inflection point’: Analysts positive on ST Engineering’s contract win

India’s primary market has had a subdued start to 2026 following two record years for listings.
Companies & Markets

Singapore-based Quest Global invites banks to pitch for US$1 billion India IPO: sources

UMS Integration says it will fund the deal through internal resources and/or bank borrowings.
Telcos, Media & Tech

UMS buys out aluminium alloy products supplier

Sim Hock Heng, CEO and executive director of Sanli, says that the placement builds on the momentum of its order book, which has reached a fresh high of S$781.5 million.
Companies & Markets

Sanli Environmental raises about S$10 million in placement amid record order book

Busways chief executive officer Martin Toh (left) with founder and chairman Sunny Chong.
SGSME

Electrical engineering firm Busways goes into EV charging – and gears up for IPO

Koh Boon Hwee, non-executive chairman of Sunningdale Tech, hopes that the acquisition of Sanwa Group "will allow both companies to continue to grow together".
Companies & Markets

New acquisition, healthcare segment fuelling Sunningdale Tech: non-exec chairman Koh Boon Hwee

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