SGX: Acromec (43F)       ACROMEC LIMITED
Last Price Today's Change   Day's Range   Trading Volume
0.051   -0.009 (15.00%)  0.051 - 0.06  10


Avg Volume (4 weeks):0
Average Price Target: 0.78
Price Target Upside/Downside: +0.729


Date Subject
22-May-2019 Phillip Capital Morning Note - 22 May 2019

Business Background

Acromec Limited, an investment holding company, provides specialist engineering services in the field of controlled environments in Singapore. The company operates in two segments, Engineering, Procurement and Construction; and Maintenance. It designs and constructs facilities requiring controlled environments, such as laboratories, medical and sterile facilities, and cleanrooms; and provides engineering, procurement, and construction services, such as architectural, mechanical, and electrical and process works. The company also provides maintenance and repair services for facilities and equipment of controlled environments and their supporting infrastructure. It serves hospitals and medical centers, government agencies, research and development (R&D) companies and agencies, R&D units of multinational corporations, tertiary educational institutions, pharmaceutical companies, semiconductor manufacturing companies, and multinational engineering companies. The company was founded in 1996 and is based in Singapore. Acromec Limited is a subsidiary of Ingenieur Holdings Pte. Ltd.

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