I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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Thursday 29 September 2011

SWIBER’S ORDER BOOK SURGES PAST ONE BILLION USD, A RECORD IN CORPORATE HISTORY

- Order book boosted by US$69.0 million in contract wins


Singapore – September 29, 2011 – Swiber Holdings Limited (“Swiber” or together with its subsidiaries, the “Group”), a world class integrated construction and support services provider to the offshore industry, announced that it has secured a slew of contract wins amounting to approximately US$69.0 million including extension options, bringing its order book beyond US$1 billion, the highest by far in its corporate history.

The contracts, awarded by leading offshore construction companies and oil majors, involve a whole spectrum of work from pipeline transportation and installation, subsea installation and chartering of marine vessel. Work for these projects are slated to commence immediately. The pipeline and subsea projects are targeted to be completed within this year and the marine vessel will be chartered for the duration of three years with an option to extend for two more years, consistent with Swiber’s strategy of securing long term contracts.

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