Housing & Development Board (HDB)

Contracts

Keppel wins 20-year centralised cooling systems contract for Tengah BTO projects

As at 9.29am, shares in Keppel are trading 1 cent higher or 0.15% up at $6.63.
Koh Brothers Eco secures $186 mil contract from HDB - THE EDGE SINGAPORE

Deals, joint ventures & alliances

Koh Brothers Eco secures $186 mil contract from HDB

Koh Brothers Eco Engineering secures new contract from HDB.
Sembcorp Industries hits new milestone of 500MWp for its solar portfolio in Singapore - THE EDGE SINGAPORE

Sustainability

Sembcorp Industries hits new milestone of 500MWp for its solar portfolio in Singapore

The new milestone comes after the group was awarded the SolarNova7 project by HDB and EDB.

Bonds and treasuries

HDB to issue $800 mil in five-year green senior bonds with 4.09% p.a. coupon

The fixed-rate, senior unsecured bonds are offered in denominations of $250,000 and have a settlement date of Oct 26.

Contracts

Chip Eng Seng subsidiary becomes replacement main contractor for Marsiling Grove BTO project

Shares in Chip Eng Seng closed 0.5 cent higher or 1.21% up at 42 cents on Sept 29.

Contracts

Chip Eng Seng awarded $244.8 mil contract by HDB

The contract begins in May and will last for 52 months.
Chip Eng Seng unit wins $32.9 mil job from HDB - THE EDGE SINGAPORE

Company in the news

Chip Eng Seng unit wins $32.9 mil job from HDB

The contract is expected to contribute “positively” to Chip Eng Seng's EPS and NTA only in FY2021 ending Dec 31.

Contracts

SoilBuild Construction wins $28.3 mil contract from HDB

SINGAPORE (Jan 3): SoilBuild Construction Group has been awarded a $28.3 million contract by the Housing & Development Board (HDB) for the design and build of upgrading projects for G27D, and for contingency works.

Broker's Calls

Chip Eng Seng's HDB project provides earnings visibility well into 2021

SINGAPORE (Feb 1): DBS Vickers Securities is maintaining its “buy” call on Chip Eng Seng with a target price of $1.18 after the group announced its construction net order book had hit about $626.5 million, boosted by the award of a $168 million contra
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