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OKP Holdings
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.
May 12, 2021
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.
May 04, 2021
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.
November 18, 2019
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.
February 27, 2019
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.
January 09, 2019
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.
November 05, 2018
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.
August 07, 2018
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
May 17, 2018
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.
May 07, 2018
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.
February 12, 2018