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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Wednesday, 6 June 2012

SWIBER CLINCHES A SERIES OF SIGNIFICANT AWARDS IN ASIA PACIFIC AND THE MIDDLE EAST TOTALING TO OVER US$830 MILLION

  1. Total award of US$830 million for offshore construction projects and vessel chartering services, inclusive of optional items, in Asia Pacific and the Middle East (through JV partner)
  2. Strong orderbook visibility signaling strong momentum in the offshore oil and gas industry
announced that it has clinched a series of significant awards totaling to over US$830 million. These awards include offshore construction projects and vessel chartering services in the Asia Pacific region. In addition, it has received a letter of award (“LOA”) through its JV Company to charter out a spread of support vessels in the Middle East.

Swiber’s contract wins in the Asia Pacific region include projects for engineering, procurement, and installation of pipelines, umbilicals, and subsea systems; and transportation and installation of wellhead structures and associated pipelines. In addition, the Group will provide vessel
chartering services in the region. Work for these projects will commence immediately this year and will carry on into 2014.

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