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, 31 January 2013

Rotary Engineering secures S$300 million contract for oil terminal at Pulau Busing, Singapore



MAINBOARD-LISTED Rotary Engineering Limited (Rotary) today announced that it has secured an Engineering, Procurement and Construction (EPC) contract worth approximately S$300 million from Tankstore.
 
 
Rotary has been appointed as the main EPC contractor for the expansion of the oil terminal
at Pulau Busing. The contract is for a period of two years and is expected to start immediately. The scope of work involves the engineering design, procurement and
construction of a 800,000 cubic metre (cbm) facility.
 
Pulau Busing is an island located off the south-western coast of Singapore, north of Pulau
Hantu and west of Pulau Bukom. The island is owned by the JTC Corporation and is leased
to Tankstore, a petroleum storage company.
 
Mr Chia Kim Piow, Roger (
谢金标) Rotary’s Chairman and Managing Director, was very pleased to have won this significant project. “This new win has given our company a boost and reinforced our reputation as a reliable and leading EPC player.
 
With this win, Rotary’s current order book stands at approximately S$750 million. My team will put in our best efforts to deliver good work with a high level of service in order to ensure the successful completion of this project at Pulau Busing,” he said.
 

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