SG KSH nabs $59.9m JTC contract
Property Here - Wednesday, April 03, 2013
By Nikki De Guzman:
Listed construction firm KSH Holdings, through its wholly-owned subsidiary Kim Seng Heng Engineering Construction (KSHEC), has secured a S$59.9 million contract from Jurong Town Corporation (JTC) for a project at Ayer Rajah Avenue.
Under the deal, KSHEC will erect a single-storey building comprising a basement, carpark, landscape park, storage space and shell space for a district cooling system plant. Construction will begin this month and is expected to be completed by January 2015.
With this latest project, KSH has boosted its order book to approximately S$489.0 million.
“We are pleased to be awarded this project by Jurong Town Corporation, a strong endorsement of the public sector’s recognition of KSH’s expertise in building high quality projects,” said Choo Chee Onn, Executive Chairman and Managing Director of KSH.
“Going forward, we will pay greater emphasis to public sector construction activities, and look for suitable opportunities in this sector.”
Nikki De Guzman, Junior Reporter at PropertyGuru, wrote this story. To contact her about this or other stories email email@example.com