SINGAPORE — Starburst Holdings Ltd, a Singaporean builder of shooting ranges, expects revenue to rise fivefold as Middle East defence spending surges following the Arab Spring uprisings.

The company is pursuing as many as six contracts to provide fi rearms-training facilities to countries including the United Arab Emirates, Executive Chairman Edward Lim said. Projects in the region may drive sales in five to six years to S$100 million (RM252.9 million) from S$21 million in 2013, he said. Starburst is Singapore’s best-performing stock since listing shares on July 10, soaring 139 per cent as of the last close. The benchmark Straits Times Index rose 1.5 per cent in that span.

No region has seen a faster increase in defence spending than the Middle East, with Saudi Arabia boosting its military and security budget 21 per cent to US$81 billion in 2014 from a year earlier, according to IHS Jane’s...

حسب الخبر ، قررت السعودية رفع ميزانيتها العسكرية 21% في العام 2014 بما يعادل 81 مليار دولار امريكي مقارنة بالعام السابق .

http://manage.mmail.com.my/story/starburst-rises-mideast-defence-spending-surge-86444

تقيم اخي مي17 على التوضيح المتميز