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King Wan wins $21 million of M&E contracts

Vincent Chia
King Wan wins $21 million of M&E contracts

King Wan Corporation Limited announced that it has won 4 new M&E contracts worth a total of $21 million. These include the installation of the plumbing, sanitary and electrical systems for the 9,200 bed workers’ dormitory that it has a 19% stake in. There are 2 other aircon and ventilation system installations for a 124 unit condominium and an office unit. Lastly, there is a plumbing and sanitary system installation for a medical care building. All 4 projects are expected to start within the next 6 months with expected completion in 2016. These contract wins raise King Wan’s orderbook to $184.6 million.

GET TO THE POINT : Always good to win more contracts.

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The post King Wan wins $21 million of M&E contracts appeared first on Asean Equities Review.