Infrastructure and civil engineering company, OKP Holdings, announced that its wholly-owned subsidiary, Eng Lam Contractors Co, has been awarded a contract worth $12.7 million by JTC for the extension of road, drain and sewer works at Woodlands Avenue 4.
The construction primarily involves the construction and execution of general site clearance, road works, drainage works and sewer works.
The contract will start on Oct 16 and spans over two phases. The first phase covers a period of four months between 16 October 2015 and 15 February 2016 and the second phase over a period of eight months between 16 October 2015 and 15 June 2016.
This is the second contract that OKP secured from JTC this year, raising the total value of projects secured in 2015 to $196.7 million. In April, OKP secured a $20.4 million contract from JTC in April 2015, for the construction of roads, drains and sewers and soil improvement works at Tuas South Avenue 7/14.
“Going forward, we intend to strengthen our market position by continuing to leverage our wide network and explore attractive opportunities in Singapore as well as in overseas markets,” says Or Toh Wah, OKP’s group managing director.
OKP shares closed 2.05% lower on Oct 9 at 19.1 cents.
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The construction primarily involves the construction and execution of general site clearance, road works, drainage works and sewer works.
The contract will start on Oct 16 and spans over two phases. The first phase covers a period of four months between 16 October 2015 and 15 February 2016 and the second phase over a period of eight months between 16 October 2015 and 15 June 2016.
This is the second contract that OKP secured from JTC this year, raising the total value of projects secured in 2015 to $196.7 million. In April, OKP secured a $20.4 million contract from JTC in April 2015, for the construction of roads, drains and sewers and soil improvement works at Tuas South Avenue 7/14.
“Going forward, we intend to strengthen our market position by continuing to leverage our wide network and explore attractive opportunities in Singapore as well as in overseas markets,” says Or Toh Wah, OKP’s group managing director.
OKP shares closed 2.05% lower on Oct 9 at 19.1 cents.
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