Lian Beng

In the company's most recent update on Feb 2, its total order book was $1.9 billion.

The total development cost is estimated to be $85 million

The company has proposed a first and final dividend of 1 cent per share

Lian Beng last traded at 48.5 cents before a trading halt was called

Lewis Ko works at his father’s construction company that has built condos for some of Singapore’s largest develop-ers. However, business has come to an abrupt standstill after the government ordered work at all construction and re

SINGAPORE (June 27): Construction group Lian Beng has acquired a 60% interest of United Tec Construction (UTC) from the company’s sole shareholder, Chew Hock Seng, for a purchase consideration of $0.18 million.

SINGAPORE (Apr 19): SLB Development, the property developer which was spun off from construction company Lian Beng, said the public tranche of its IPO was 20.6 times subscribed.

SINGAPORE (Apr 12): Lian Beng Group announced earnings of $16.8 million for the nine months ended Feb 2018, down 20.6% from $21.2 million a year ago on lower revenue, higher costs and expenses, as well as lower results of associates and joint ventures.  

SINGAPORE (Oct 23): The potential spinoff of Lian Beng’s property business may trigger a stock price re-rating to $1.08, a 11.6% discount from its book value per share of $1.2076, says NRA Capital.

SINGAPORE (July 3): CapitaLand Commercial Trust (CCT) is selling Wilkie Edge to Lian Beng for $280 million or $1,812 psf based on the building’s net lettable area.