Advertisement
Singapore markets closed
  • Straits Times Index

    3,224.01
    -27.70 (-0.85%)
     
  • Nikkei

    40,369.44
    +201.37 (+0.50%)
     
  • Hang Seng

    16,541.42
    +148.58 (+0.91%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Bitcoin USD

    70,375.40
    +62.61 (+0.09%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • FTSE Bursa Malaysia

    1,540.90
    +10.30 (+0.67%)
     
  • Jakarta Composite Index

    7,288.81
    -21.28 (-0.29%)
     
  • PSE Index

    6,903.53
    +5.36 (+0.08%)
     

Sysma Holdings secures $58 million high-end project

TEE International secures contracts worth $26 million

Sysma Holdings Limited announced that it has won a $58 million contract. This is to build a high-end mixed development project at Oxley Rise, Singapore. The 10-story development will comprise 120 residential units, ancillary facilities, a residential carpark, a commercial podium for shops and restaurants as well as a commercial car park. The residential carpark will be located at the 4th basement below street level. This is technically complicated and showcases Sysma Holdings’ capabilities. Expected completion is in 34 months. With this contract win, Sysma Holdings’ orderbook now stands at $146 million.

GET TO THE POINT : In a highly competitive industry with little to differentiate one construction company from another. It is good to see Sysma Holdings focusing on the premium space.

Related Articles:

The post Sysma Holdings secures $58 million high-end project appeared first on Asean Equities Review.