Company News

JES International Holdings has snagged contracts to build and deliver six Ultramax bulk carriers plus five options to build a total of 30 similar carriers collectively worth US$974m.

KS Energy has secured drilling contracts worth more than US$60m as a result of contract extensions awarded to subsidiaries of its 80% owned unit, KS Drilling.

OKP Holdings' subsidiary secured a S$50.6m contract from PUB to construct a canal underneath the road and road-raising works at the Tanglin and Kim Seng Road areas.

Magnus Energy Group is the latest in the string of firms under a Commercial Affairs Department probe to be hit by the resignation of a key executive.