Wee Hur Holdings

Rebuilding the construction industry - THE EDGE SINGAPORE

Construction

Rebuilding the construction industry

The construction industry in Singapore so far has painted a mixed picture for construction stocks.
Wee Hur shares surge some 11% after it announced disposal of stake in its Australia PBSA portfolio - THE EDGE SINGAPORE

Property

Wee Hur shares surge some 11% after it announced disposal of stake in its Australia PBSA portfolio

The company disposed of its 49.9% stake for a consideration of A$567.9 million ($573.6 million).

Construction

Wee Hur wins $176.7 million contract from HDB

As previously announced, as at Dec 31 2021, its construction order book stood at $320.94 million
Frencken Group tops return to shareholders metric - THE EDGE SINGAPORE

Billion Dollar Club 2020

Frencken Group tops return to shareholders metric

In the evaluation period, Frencken’s shareholders’ returns grew at a CAGR of 22.4%.

Results

Wee Hur posts 84% jump in 3Q earnings to $6.9 mil

SINGAPORE (Nov 11): Property group Wee Hur Holdings recorded 3Q19 earnings of $6.9 million, representing an 84% jump from $3.8 million in 3Q18.

Contracts

Wee Hur wins $96 mil HDB project

SINGAPORE (July 1): Property group Wee Hur Holdings announced Monday that its wholly-owned subsidiary, Wee Hur Construction, has secured a new project worth $96 million from the Housing and Development Board (HDB).

Contracts

Wee Hur secures $30.6 mil design and build project from HDB

SINGAPORE (Apr 12): Wee Hur Holdings announced that its wholly-owned subsidiary, Wee Hur Construction, has secured a new project worth $30.6 million from the Housing and Development Board (HDB).

Contracts

Wee Hur unit to build Potong Pasir nursing home for $34 mil

SINGAPORE (Apr 2): Wee Hur Holdings says its subsidiary has won a construction project worth $34.2 million from the Ministry of Health.

M&A

Wee Hur acquires residential block in Sydney for $52.6 mil to redevelop into student dorm

SINGAPORE (June 4): Wee Hur Holdings announced that its 68.97%-owned Wee Hur PBSA Master Trust, through its wholly owned sub-trust, WH Gibbons Trust, is acquiring a freehold residential block at 13-23 Gibbons Street, Redfern, Sydney, Australia for A$52 mi

Results

Wee Hur's 1Q earnings more than trebled to $11.1 mil

SINGAPORE (May 11): Wee Hur Holdings, the developer and construction company, reported 1Q18 earnings more than trebled to $11.1 million from $3.2 million a year ago.
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