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HLH awards Cambodia project to Sinohydro for US$35.3 mil

Gwyneth Yeo Published on Wed, Sep 21, 2016 / 6:32 PM GMT+8

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SINGAPORE (Sept 21): HLH Group on Wednesday said it has awarded the construction project of D’Seaview in Sihanoukville, Cambodia, to Sinohydro Corporation for US$35.3 million ($48.1 million).

Piling works for the D’Seaview project were already completed and the site has since been officially handed over to Sinohydro.

Following this transaction, the group recognised 53% percentage of sales achieved on the project.

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