Latest Forum Topics / CSC Last:0.009 -0.001 | Post Reply |
CSC - Construction sector
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allantanhc
Veteran |
16-Sep-2010 13:24
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Counter is waking up. Price up with good volume in a not so good day. Something brewing?? |
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ROI25per
Master |
18-Aug-2010 15:01
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bad news...RECEIPT OF WRIT OF SUMMONS The Board of Directors (the "Board") of CSC Holdings Limited (the "Company") wishes to announce that on 16 August 2010, CS Construction & Geotechnic Pte. Ltd. ("CSCG"), a wholly-owned subsidiary of the Company, had been served with a Writ of Summons filed by Penta-Ocean Construction Company Limited ("POC") in the High Court of the Republic of Singapore. By way of background, CSCG are the sub-contractors to POC in the Singapore Parallel Train Project at Jurong Island where CSCG were carrying out piling works for the Utilities Civil Works and Interconnects & Tankage Main Civil Works. By an Adjudication Determination dated 5 August 2010 (“the Adjudication Determination”), obtained by CSCG under the Building and Construction Industry Security of Payment Act (Cap 30B) (“the SOP Act”), POC were directed to pay, amongst other things, the adjudicated amount and interest thereon to CSCG. On 10 August 2010, POC duly paid CSCG the adjudicated amount pursuant to the Adjudication Determination. Under Section 33 of the SOP Act, adjudication proceedings are confidential in nature and hence the Company is unable to disclose the Adjudication Determination and details. In the Writ of Summons, POC has claimed the sum of S$10,337,342.64, which sum the Board understands includes recovery of monies paid to CSCG under the Adjudication Determination. The Company has sought legal advice on the matter and will be vigorously resisting the Claim. The Company is unable to assess the potential impact of the Claim on the Company, if any, at this juncture. The Board will make the necessary announcements to update shareholders and investors of any material developments in connection with the above matter. |
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ROI25per
Master |
19-Mar-2010 09:54
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unfavoured period; 20-30b construction demand in singapore 2010 does not even help the piling? | ||
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ROI25per
Master |
18-Mar-2010 09:36
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even ryobi kiso with better net margin is testing new low 20 | ||
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ROI25per
Master |
17-Mar-2010 20:13
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why dun go down?? i m still waiting @ 15 | ||
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Hulumas
Supreme |
17-Mar-2010 16:38
Yells: "INVEST but not TRADE please!" |
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Competitive market, not feasible margin of profit! Contract does not mean profit!
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ROI25per
Master |
17-Mar-2010 16:35
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16.5/17 r lately sharebuy price, things have cooled down now | ||
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ROI25per
Master |
25-Feb-2010 10:51
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foreign levy thing, still no sell down? | ||
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tonylim
Master |
08-Dec-2009 18:03
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It joins force with Soilbuild for a Tuas project. So , watch it !
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ROI25per
Master |
08-Dec-2009 10:09
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singapore property is hot, now they going into it also | ||
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ROI25per
Master |
16-Nov-2009 16:02
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confusing state ?????????????????? | ||
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ROI25per
Master |
06-Oct-2009 10:10
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sold off for small profit, waiting for 16 again | ||
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ROI25per
Master |
05-Oct-2009 09:15
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babe, i m waiting for u @ 16 | ||
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ROI25per
Master |
24-Sep-2009 08:45
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quiet for too long already, hope to see some action for tis penny | ||
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ROI25per
Master |
17-Sep-2009 10:33
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another quiet day | ||
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ROI25per
Master |
15-Sep-2009 11:18
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seems like 18.5 difficult to break for today | ||
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ROI25per
Master |
15-Sep-2009 09:40
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i still waiting, where r the sellers | ||
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ROI25per
Master |
24-Aug-2009 15:20
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cleared all @ 20 with dividend, will come back @ right price | ||
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christan
Senior |
24-Aug-2009 10:09
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20.5 barrier pretty strong. | ||
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christan
Senior |
20-Aug-2009 09:40
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cant even cross 20.5, look like going downhill. i m waiting for u @ 17 | ||
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