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KSH Holdings Secures Contract Worth $34.8 Million

Shares Investment

KSH Holdings has secured a $34.8 million contract for the construction of a steel structure, electrical intake station and ancillary works.

The contract marks the group’s third public project win in 2015 – it had in February won a $78.3 million contract to build a 11-storey Singapore Chinese Cultural Centre and a $33.2 million project in April from the National University of Singapore, to construct a three-storey sports centre.

The construction works are expected to commence in July 2015 and targeted to complete within 16 months.

The contract will boost the group’s order book to $400 million and is expected to contribute to revenue from FY16 until FY17.

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