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Keong Hong secures main contract works for residential flats at Farrer Road worth $25 mil

Samantha Chiew
Samantha Chiew • 1 min read
Keong Hong secures main contract works for residential flats at Farrer Road worth $25 mil
SINGAPORE (May 13): Keong Hong Holdings announced that its wholly-owned subsidiary, KH Land, has been awarded the main contract works for the proposed erection of two blocks of 12-storey residential flats (total 85 units) with basement car parks and a swi
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SINGAPORE (May 13): Keong Hong Holdings announced that its wholly-owned subsidiary, KH Land, has been awarded the main contract works for the proposed erection of two blocks of 12-storey residential flats (total 85 units) with basement car parks and a swimming pool at Farrer Road.

The contract was awarded by TE2KS-RH and is worth $24.6 million.

The project is not expected to have any material impact on the group net tangible assets and earnings for FY19.

Shares in Keong Hong closed at 50 cents on Monday.

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