OKP Holdings

OKP subsidiary fined $1 mil for 2017 PIE worksite accident, jail for two employees - THE EDGE SINGAPORE

Company in the news

OKP subsidiary fined $1 mil for 2017 PIE worksite accident, jail for two employees

As at Dec 31 2020, OKP’s net construction order book stood at $254.0 million, with projects extending till 2023.
OKP Holdings exercises option to purchase properties at Kampong Bahru Road for $12.4 mil - THE EDGE SINGAPORE

Property

OKP Holdings exercises option to purchase properties at Kampong Bahru Road for $12.4 mil

The properties have a freehold tenure and comprise a pair of adjoining two-storey conservation shophouses.

M&A

OKP to acquire Tagore Lane property for $8 mil

SINGAPORE (Nov 18): OKP Holdings announced Monday it has exercised the option to purchase a property at 32 Tagore Lane off Upper Thomson Road for $8 million.

Results

OKP FY18 earnings halved to $6.5 mil on lower sales and share of profit of JVs, higher other losses

SINGAPORE (Feb 27): OKP Holdings, the infrastructure and civil engineering company, reported 4Q18 earnings of $2.7 million, bringing FY18 earnings to $6.5 million, down 49% from a year ago.

Update

OKP Holdings announces delay of pre-trial conference over PIE viaduct collapse

SINGAPORE (Jan 9): OKP Holdings’ pre-trial conference over its case for the 2017 PIE viaduct collapse, which was originally scheduled to take place on Tuesday at 3pm, has been postponed to Jan 21.

Results

OKP Holdings posts 9.3% increase in 3Q earnings to $0.81 mil

SINGAPORE (Nov 5): OKP Holdings announced 3Q18 earnings increased 9.3% to $0.81 million, compared to $0.74 million in 3Q17.

Results

OKP 2Q earnings plunge 97.8% to $0.1 mil on lower construction revenue, termination of PIE viaduct project

SINGAPORE (Aug 6): OKP Holdings saw its earnings plunge 97.8% to $0.1 million for the 2Q18 ended June, from $5.0 million a year ago.

OKP group MD, employees to face charges over PIE viaduct collapse

SINGAPORE (May 17): OKP Holdings’ wholly-owned subsidiary Or Kim Peow Contractors, group managing director Or Toh Wat, project director Allen Yee and project engineer Wong Kiew Hai have been charged for alleged offences arising from a work site accident

Results

OKP posts 43.7% drop in 1Q earnings to $2.8 mil

SINGAPORE (May 7): Infrastructure and civil engineering firm OKP Holdings recorded a 43.7% decline in earnings to $2.8 million for the 1Q ended March, from $5.1 million a year ago.

Results

OKP Holdings' 4Q earnings decline by 75% to $2 mil on lower revenue

SINGAPORE (Feb 12): Construction group OKP Holdings saw its 4Q earnings decline fourfold to $2 million from $8 million a year ago on lower revenue.  
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