Tiong Aik Construction, a unit of property and construction group TA Corporation, has secured a $94 million construction contract from the German European School Singapore.
Under the contract, the firm will undertake the development of a proposed education institution building at Dairy Farm Road, Dairy Farm Heights and Dairy Farm Lane.
Construction works is expected to start in February and completion is expected in 25 months.
Including this latest contract win, the order book for TA Corp’s construction business stands at approximately $300 million and will be progressively recognised over the next three years.
Shares in TA Corp ended 1.79% higher at 28.5 cents on Monday.
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Under the contract, the firm will undertake the development of a proposed education institution building at Dairy Farm Road, Dairy Farm Heights and Dairy Farm Lane.
Construction works is expected to start in February and completion is expected in 25 months.
Including this latest contract win, the order book for TA Corp’s construction business stands at approximately $300 million and will be progressively recognised over the next three years.
Shares in TA Corp ended 1.79% higher at 28.5 cents on Monday.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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