Soilbuild Construction Group has been awarded two new contracts with an aggregate contract value of $85.5 million, comprising one construction contract and one precast and prefabrication contract.
According to a Nov 20 bourse filing, the construction contract for a 10-storey multiple-user industrial development at Tampines North is scheduled to be completed by 2QFY2026.
According to the group, the Tampine North project will be built according to specifications to attain the eco-sustainable rating of green mark platinum super low energy, under the Building & Construction Authority’s (BCA) green mark certification scheme.
Meanwhile, the precast and prefabrication contract for the supply and delivery of precast components to a HDB project at Bedok, is expected to be completed by the same period.
Lim Han Ren, executive director and group CEO, says: “We are pleased to secure another construction contract that provides opportunities to showcase Soilbuild Construction’s capabilities in eco-friendly buildings”
He adds: “Aligned with BCA's initiatives to drive the energy efficiency of buildings, more property owners are making critical steps towards decarbonising and the built environment plays a critical role in meeting this goal. As a green builder, we will continue to increase the use of technology and data to better enable our customers to adapt to the energy transition, and develop resilient infrastructure within their property portfolios.”
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Shares in Soilbuild Construction closed 0.1 cents lower, or down 1.33%, at 7.4 cents on Nov 20.
