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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results