Koh Brothers Eco's unit wins S$225.4m Circle Line 6 construction contract
KOH Brothers Building & Civil Engineering Contractor Pte Ltd (KBCE), a subsidiary of Catalist-listed Koh Brothers Eco Engineering Ltd, has been awarded a S$225.4 million construction contract of the Circle Line 6 (CCL6).
In a Singapore Exchange filing on Monday, Koh Brothers Eco, a sustainable engineering solutions provider, said KBCE's work scope under the contract awarded by the Land Transport Authority involves all "civil, structural, architectural, electrical & mechanical and system works relating to the construction of cut-and-cover tunnels and other structures from the east of the planned Prince Edward Station to the existing Marina Bay Station".
Koh Brothers Eco's CEO Paul Shin said: "CCL6 will also interface with the Deep Tunnel Sewerage System and other PUB sewerage works, which we are confident of navigating well given our familiarity and rich experience in civil engineering and drainage works."
Mr Shin added that this project lifts Koh Brothers' order book to S$696.9 million.
The four-kilometre CCL6 comprises three stations that will close the loop for the Circle Line by connecting the HarbourFront and Marina Bay stations. KBCE will commence works by end-2017, and the project is expected to be completed by 2025.
Previously, KBCE was involved in other large-scale infrastructure and rail works projects, including the construction of the Outram Park station on the North East Line and civil works for the Downtown Line Bugis station.
Koh Brothers Eco closed trading unchanged at S$0.075 on Monday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Telegram messaging service to allow Tether stablecoin payments
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
DBS puts 46 retail units, HDB shops on market for S$210 million
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade