Construction industry margins are notoriously low, making cost structure paramount. As such, a company's books must be closely inspected. Its main contract types need to be identified and the benefits and drawbacks of each learnt.
CONSTRUCTION and engineering is almost certainly the oldest industry we will explore in our investment frameworks series, as it goes back to our fundamental need for shelter. In 4850 BC, our Neolithic ancestors constructed the Cairn of Barnenez - the world's oldest-surviving building. This...
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First Resources raises investment in subsidiary by 393.57b rupiahPALM oil producer First Resources on Friday said it is raising its investment in subsidiary PT Borneo Ketapang Permai (PT BKP) via a 393.57 billion rupiah (S$37.7 million) subscription for another 393.6 million shares. Read more at The Business Times.
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