pec ltd
PEC delists from SGX on Jun 19 after US$165 million acquisition by Liberty Energy Solutions
PEC chairman Edna Ko and CEO Robert Dompeling will continue to manage the company as they join the acquirer
PEC receives privatisation proposal of S$0.64 per share and S$0.20 per share via special dividend
Once the scheme takes effect, PEC will be delisted from the mainboard of the Singapore Exchange Securities Trading subject to the exchange’s approval
PEC says it has been approached by a third party over a possible share deal
The engineering company notes there is ‘no certainty or assurance’ whatsoever that any transaction in relation to its shares will occur
PEC’s H2 net profit jumps 176% to S$10.8 million
ENGINEERING company PEC posted a net profit of S$10.8 million in the second half of its 2024 fiscal year ended Jun 30, almost trebling its earnings of S$3.9 million for the period in the year before.
PEC lands new contracts worth S$80m
ENGINEERING firm PEC has won new contracts totalling S$80 million for engineering, procurement and construction (EPC) as well as mechanical works across various projects in the energy and chemicals, a...
PEC to buy remaining 40% stake in Chinese subsidiary for 37.5 million yuan
MAINBOARD-LISTED plant and terminal engineering specialist PEC Ltd will consolidate its stake in a Chinese subsidiary for close to 37.5 million yuan (S$7.4 million), the board said on Tuesday, a day a...
Corporate digest
SINGAPORE Exchange (SGX) has appointed a new chairman, Kwa Chong Seng, who will in turn step down from Olam International's board to devote time to the new responsibilities.
PEC back in the black in Q4, with S$8.2m in net profit
PEC Ltd's fourth quarter net profit was S$8.2 million - a reversal from a net loss of S$7.8 million in the previous year.
PEC clinches S$176m contract in UAE
Engineering specialist PEC has been awarded a new contract worth S$176 million from a new client in Abu Dhabi. The group will provide engineering, procurement and construction (EPC) works for a new oi...
PEC wins S$132m refinery deal in the Middle East
MAINBOARD-listed PEC Ltd, a plant and terminal engineering specialist, on Wednesday announced a S$132 million contract award for a refinery project in the Middle East.
