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Soilbuild Construction clinches 2 contracts worth S$13m from related company
SOILBUILD Construction Group announced on Monday that it has secured two contracts worth S$13 million from the entities of its parent company Soilbuild Group.
These transactions constitute mandated interested person transactions.
A contract worth S$7.65 million was awarded by SB (Westcove) Investment Pte Ltd to build three two-storey detached dwelling houses at 28 Wilkinson Road in Marine Parade.
The other contract worth S$5.42 million was awarded by SB (Westpoint) Investment Pte Ltd to build two units of two-storey detached dwelling houses at 40 Wilkinson Road.
The projects are slated to begin in the last quarter of 2016 and are expected to be completed within 19 months.