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Wee Hur wins S$82.2m contract to build five-storey warehouse
WEE Hur Construction, the wholly-owned subsidiary of Wee Hur Holdings, has been awarded a S$82.2 million contract by HSBC Institutional Trust Services (Singapore) Limited, as trustee of Mapletree Logistics Trust.
This project involves the design and construction of a single-user five-storey warehouse with an industrial canteen at 76 Pioneer Road. The contract strengthens the group's order book to an estimated S$345.9 million.
Work on this new project will commence on May 1 and is expected to be completed within 17 months. Revenue from the project is expected to flow in from FY2016 to FY2017.