SG stocks Tuesday: Keppel, Azeus Systems, Manulife US REIT, Raffles Education

A semi-submersible drilling rig on Tenerife island, in Spain's Canary Islands. Photo by Maria Lupan on Unsplash; published 2021A semi-submersible drilling rig on Tenerife island, in Spain's Canary Islands. Photo by Maria Lupan on Unsplash; published 2021

Singapore companies in focus on Tuesday, 10 May 2022:

  • Keppel O&M lands S$135M contracts for two jackup rigs
  • Manulife US REIT: US physical return to office slow
  • Azeus Systems lands US$132M HK government contract

Others: Azeus Systems Holdings and Raffles Education.

Keppel O&M lands S$135M contracts for two jackup rigs

  • Keppel Offshore & Marine has signed deals for the utilisation of two KFELS B Class rigs to be deployed to Saudi Arabia, with the bareboat contracts set to generate around S$135 million of revenue, Keppel Corp. said in a filing to SGX Monday.

Manulife US REIT: US physical return to office slow

  • Manulife US REIT (MUST) said Monday that the physical return to its office buildings in the U.S. has been slow, even as leased occupancy remained stable.

Azeus Systems lands US$132M HK government contract

  • Azeus Systems Holdings has won a HK$1.02 billion (US$132 million) contract from the Hong Kong SAR government for its central electronic record-keeping system, the company said in a filing to SGX Monday.

Azeus Systems Executive Director Lam Pui Wan has died

  • Lam Pui Wan, age 62, who was the executive director of Singapore-listed Azeus Systems Holdings, has died on 6 May, the company said in a filing to SGX Monday.

Raffles Education swings to fiscal 3Q net profit

  • Raffles Education reported Monday its fiscal third quarter swung to a net profit of S$1.08 million from a net loss of S$4.29 million in the year-earlier period, on significantly higher student enrolments.

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