pec ltd

PEC delists from SGX on Jun 19 after US$165 million acquisition by Liberty Energy Solutions

The scheme consideration, which amounts to S$0.84, represents a 12.8% premium over the counter’s last transacted price of S$0.745 on its last undisturbed trading day on Nov 26, 2024.

PEC receives privatisation proposal of S$0.64 per share and S$0.20 per share via special dividend

PEC shares have been on an uptrend this year, with a gain of 40.6 per cent so far. However, much of it has come in the past three months.

PEC says it has been approached by a third party over a possible share deal

PEC said that the increased focus on clean energy and sustainability are expected to affect Singapore’s traditional role as a refining and petrochemical hub, given a diminishing pipeline of projects in the near term and the resulting intensified competition.

PEC’s H2 net profit jumps 176% to S$10.8 million

PEC is cautiously optimistic about prospects for project works and maintenance in the energy, chemicals and storage terminals sectors over the medium term

PEC lands new contracts worth S$80m

PEC to buy remaining 40% stake in Chinese subsidiary for 37.5 million yuan

PEC to buy remaining 40% stake in Chinese subsidiary for 37.5 million yuan

Corporate digest

Corporate digest

PEC back in the black in Q4, with S$8.2m in net profit

PEC back in the black in Q4, with S$8.2m in net profit

PEC clinches S$176m contract in UAE

PEC clinches S$176m contract in UAE

PEC wins S$132m refinery deal in the Middle East

PEC wins S$132m refinery deal in the Middle East