Construction

Altair Holding Strikes Investment Deal with MediaLED to Boost Its Energy Projects Portfolio

Retrieved on: 
Thursday, November 17, 2022

The deal will see MediaLED participate in large-scale energy projects and provide liquidity to work closely with leading manufacturers of electrotechnical equipment.

Key Points: 
  • The deal will see MediaLED participate in large-scale energy projects and provide liquidity to work closely with leading manufacturers of electrotechnical equipment.
  • Altair Holding will gain exposure to MediaLED's engineering expertise in automation of electrical power distribution systems and distribution deals to enter international key infrastructure projects and energy initiatives.
  • Head of investments at Altair Holding, Brian Hodge, said the company wanted to strengthen its proposition amid the challenges of a new market environment and expand its energy sector portfolio.
  • By combining extensive industry knowledge, financial resources, and high-quality products, MediaLED and Altair Holding will form a lasting partnership for large-scale energy projects,"Matthew James Mcbean said.

Tat Hong Equipment Service Co., Ltd. Announces 2022/23 Interim Results

Retrieved on: 
Friday, November 25, 2022

HONG KONG, Nov 25, 2022 - (ACN Newswire) - Tat Hong Equipment Service Co., Ltd. ("Tat Hong" or the "Company", together with its subsidiaries, the "Group") (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its interim results for the six months ended 30 September 2022 (the "Period").

Key Points: 
  • HONG KONG, Nov 25, 2022 - (ACN Newswire) - Tat Hong Equipment Service Co., Ltd. ("Tat Hong" or the "Company", together with its subsidiaries, the "Group") (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its interim results for the six months ended 30 September 2022 (the "Period").
  • Mr. Sean Yau, CEO of Tat Hong Equipment Service Co., Ltd. said, "After years of the lingering Pandemic, the market remains sluggish and real estate has been severely impacted.
  • About Tat Hong Equipment Service Co., Ltd. (Stock Code: 2153)
    Tat Hong Equipment Service Co., Ltd. is the first foreign-owned tower crane service provider established in the PRC.
  • Source: Tat Hong Equipment Service Co., Ltd
    Copyright 2022 ACN Newswire .

Bintai Kinden Awarded RM39 Million Project from TNB

Retrieved on: 
Friday, November 25, 2022

Company to instal underground cable in Nusajaya, Johor

Key Points: 
  • Company to instal underground cable in Nusajaya, Johor
    PETALING JAYA, Malaysia, Nov 25, 2022 - (ACN Newswire) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company's wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has been awarded a project worth RM39.0 million for the installation of a 132kV underground cable double circuit from Tenaga Nasional Berhad (TNB).
  • The new XLPE cable comprises two circuits, and three phases, with one cable of 1600mm2 copper per phase.
  • KBK, a specialist in M&E engineering services, has 319 days from commencement to complete the project.
  • This latest project award from TNB reflects the opportunities stemming from the growth momentum in the economy."

WIKA Achieves Rp865 Billion Operating Income

Retrieved on: 
Tuesday, November 15, 2022

[IDX: WIKA] successfully booked an operating income of Rp865.5 billion or 29.7% higher on a year-on-year basis (YoY) as recorded in the financial statement for the period ended on 30 September 2022.

Key Points: 
  • [IDX: WIKA] successfully booked an operating income of Rp865.5 billion or 29.7% higher on a year-on-year basis (YoY) as recorded in the financial statement for the period ended on 30 September 2022.
  • Under the WIKA Gedung Joint Operation (Kerjasama Operasional, "KSO"), the Company secured the project to construct modular buildings to house workers.
  • In addition, WIKA together with PTPP KSO managed to secure contracts for the construction of the Presidential Palace and Presidential Office.
  • "WIKA has experience in carrying out various projects in Kalimantan, such as water infrastructures, bridges, toll roads, buildings, and the supply chain supporting these projects.

EQS-News: AmeraMex International Reports Financial Results for Its Third Quarter Ended September 30, 2022

Retrieved on: 
Sunday, November 27, 2022

AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies , infrastructure construction , and forestry conservation , reported financial results for its third quarter ended September 30, 2022.

Key Points: 
  • AmeraMex International, Inc. (OTCQB:AMMX), a provider of heavy equipment for logistics companies , infrastructure construction , and forestry conservation , reported financial results for its third quarter ended September 30, 2022.
  • If you have questions regarding the third quarter results, please contact CFO, Hope Stone, or board member, Marty Tullio, added Hamre.
  • Gross profit for the quarter was $2.5 million, compared to gross profit of $815,261 for the comparable 2021 quarter.
  • Earnings per share (EPS) were $0.06 for the quarter compared to EPS of $0.01 for the comparable 2021 quarter.

EQS-News: UMT AG announces next phase of smart rental marketing

Retrieved on: 
Sunday, November 27, 2022

Following completion of the development phase and extensive regional tests of smart rental, marketing is now set to be expanded to the entire German-speaking DACH region.

Key Points: 
  • Following completion of the development phase and extensive regional tests of smart rental, marketing is now set to be expanded to the entire German-speaking DACH region.
  • Together with experienced partners for construction equipment rental, the innovative Smart Rental program will be offered throughout Germany in the future.
  • In parallel with active marketing, the smart rental platform is currently undergoing a technical overhaul and will soon return on a new IT basis.
  • To learn more about smart rental, visit the smart rental website at https://smartrental.me .

Petrofac Limited: PETROFAC MANAGEMENT AND BOARD CHANGES

Retrieved on: 
Sunday, November 27, 2022

Petrofac Limited (Petrofac or the Company) announces today that Sami Iskander, Group Chief Executive, will leave the business at the end of March 2023 in order to pursue other interests.

Key Points: 
  • Petrofac Limited (Petrofac or the Company) announces today that Sami Iskander, Group Chief Executive, will leave the business at the end of March 2023 in order to pursue other interests.
  • Tareq will also be appointed as an Executive Director to Petrofacs Board of Directors at that time.
  • We are delighted that Tareq Kawash has agreed to join the Board as our new Group Chief Executive.
  • Tareq Kawash said: I have known Petrofac throughout my career and have always admired its unique execution capability.

CMG CLEANTECH S.A. EXTENDS ITS ENVIRONMENTAL AND SUSTAINABILITY BUSINESS WITH THE ACQUISITION OF PIONEERING RECYCLING TECHNOLOGY COMPANY, OCEAN POLYMERS LIMITED

Retrieved on: 
Sunday, November 27, 2022

CMG CLEANTECH S.A. EXTENDS ITS ENVIRONMENTAL AND SUSTAINABILITY BUSINESS WITH THE ACQUISITION OF PIONEERING RECYCLING TECHNOLOGY COMPANY, OCEAN POLYMERS LIMITED

Key Points: 
  • CMG CLEANTECH S.A. EXTENDS ITS ENVIRONMENTAL AND SUSTAINABILITY BUSINESS WITH THE ACQUISITION OF PIONEERING RECYCLING TECHNOLOGY COMPANY, OCEAN POLYMERS LIMITED
    Dissemination of a French Regulatory News, transmitted by EQS Group.
  • CMG adds to its portfolio of environmental and sustainability businesses today with the acquisition of Ocean Polymers.
  • Ocean Polymers technology fully recycles waste, effectively creating clean syngas, hydrogen, and other valuable usable products for the construction industry.
  • CMGs Director, John Darling: Ocean Polymers and their technology will help CMG power on with our innovation in the ESG sector.

ENOGIA AND PARLYM JOIN FORCES TO ACCELERATE THE DECARBONISATION OF INDUSTRY IN FRANCE AND AFRICA

Retrieved on: 
Sunday, November 27, 2022

The two companies have signed a cooperation agreement for the distribution, promotion and marketing of ENOGIAs ORC modules by PARLYM, a company boasting an extensive footprint in industry, in France and Africa alike.

Key Points: 
  • The two companies have signed a cooperation agreement for the distribution, promotion and marketing of ENOGIAs ORC modules by PARLYM, a company boasting an extensive footprint in industry, in France and Africa alike.
  • Johann Charrier, PARLYM Chairman and CEO, said: The energy transition is a major area of development for the PARLYM Group.
  • With sales in more than 25 countries, ENOGIA continues to prospect for new customers in France and internationally.
  • Located in Europe and Africa, PARLYM handles the most ambitious projects: EPC, power plants, factories and depots.

EQS-News: BAUER Aktiengesellschaft: Extraordinary General Meeting of BAUER AG approves capital increase

Retrieved on: 
Sunday, November 27, 2022

Schrobenhausen, Germany The Extraordinary General Meeting of BAUER Aktiengesellschaft today voted with the required majority to approve the agenda item up for resolution, thereby supporting the proposal of the management.

Key Points: 
  • Schrobenhausen, Germany The Extraordinary General Meeting of BAUER Aktiengesellschaft today voted with the required majority to approve the agenda item up for resolution, thereby supporting the proposal of the management.
  • Now the fundamental prerequisite is fulfilled for the planned capital increase to be implemented within the planned conditions.
  • The Executive Board has no information as to whether and to what extent the Bauer family, which currently holds 36.03% of the shares in BAUER AG, will exercise its subscription rights as shareholder in the course of the capital increase.
  • We are pleased that the General Meeting has approved the capital increase, which now allows us to strengthen our equity base to achieve our goals for the coming years.