Stock News: Boustead Singapore secured contracts worthed 25 mln!

Boustead Singapore Ltd may advance after it said that its unit Salcon Pte Ltd has secured three new contracts worth around 25 mln sgd. More than 50 pct of the value of these contracts is expected to be completed within the current financial year ending March 31, 2007, it said. Boustead was unchanged at 1.05 sgd at the close of trading yesterday.