Keong Hong unit bags S$118 million tender for office building
KEONG Hong Construction, a wholly-owned unit of Keong Hong Holdings : 5TT 0%, has secured a S$118 million tender for main contract works at Cecil Street.
The tender, awarded by Solitaire Cecil, involves the proposed erection of a 20-storey office building, with restaurants on the first floor and a basement carpark, the company said in a Tuesday (Mar 28) filing. The construction period is 35 months, commencing in May.
The project is not expected to have any material impact on Keong Hong’s earnings per share for the year ending Sep 30.
Keong Hong shares closed flat at S$0.255 on Tuesday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Apple nears deal with OpenAI to put ChatGPT on iPhone
Soyoil jumps on bets US tariffs to include Chinese cooking oil
Why companies are nervous about the consumer
Apple says no major app developers accept new outside payments
Shein steps up London IPO preparations amid US hurdles to listing, sources say
Apple scores win in labor case involving fired retail workers