Corporate digest

Keong Hong Holdings

A WHOLLY OWNED subsidiary of Keong Hong Holdings has clinched a S$163.38 million contract from Sembawang Residences Pte Ltd to build 11 residential blocks comprising 660 apartment units with a swimming pool, ancillary facilities and a single-storey carpark. The project by Keong Hong Construction Pte Ltd, which is expected to be completed by January 2018, is not expected to have any material impact on the group's net tangible assets and earnings per share for the current financial year.

SIIC Environment

A WHOLLY OWNED subsidiary of SIIC Environment has clinched a 63.8 million yuan (S$13.9 million) project by the Wuhan City municipal government in China. Under the build-operate-transfer project, Wuhan Huang-Pi Kaidi Water Services will build and operate a wastewater treatment plant with a design capacity of 25,000 tonnes a day at the 1A grade, and for a concessionary period of 30 years. The plant has a design capacity of 50,000 tonnes a day for the near term, and 100,000 to…