Koh Brothers Eco Engineering 5HV 0.00% has secured a $186.0 million contract from the Housing & Development Board (HDB) for the building of the Kallang Integrated Development. This contract will involve the construction of public housing, covered linkway along Lorong 1 Geylang, road expansion works, a child care centre, future communal facilities, an environmental deck (including fire protection system for the bus interchange), a bus interchange, improvement works between the MRT station and the bus interchange, and landscaping works.
The joint venture company (JVCo) awarded the contract is a partnership between Koh Brothers Building & Civil Engineering Contractor (KBCE), a wholly-owned subsidiary of Koh Brothers Eco Engineering, and LBD Engineering. Through this joint venture, the group has a 10% stake in the JVCo. This exciting new contract will uplift the group’s order book from $684.6 million to $703.2 million, extending visibility till 2027.
CEO of Koh Brothers Eco, Paul Shin, …