Koh Brothers holds 30% stake in JV handling Changi's 3rd runway works

Singapore

KOH Brothers, via a wholly owned subsidiary, has a 30 per cent stake in the joint venture (JV) which won the tender for the first package of works to develop a third runway at Changi Airport.

Its JV partner is Samsung C&T Corp, while the subsidiary is Koh Brothers Building & Civil Engineering Contractor. Including its share of the project, mainboard-listed Koh Brothers' current construction order book will rise to S$632 million.