Ever Glory order book tops S$900 million on LTA, RWS contract wins
The new projects are worth around S$230 million
Add BT as a preferred source
[SINGAPORE] Ever Glory United announced on Monday (May 18) that it has secured about S$230 million in new contracts, pushing the group’s total order book past S$900 million.
The latest contracts are for projects by the Land Transport Authority (LTA) and Resorts World Sentosa.
Besides the latest additions to the order book, Ever Glory pointed out that it also has contracts for commercial and office building projects.
The group’s project portfolio spans transport infrastructure, integrated resorts, and commercial and office developments.
CEO and executive director Xu Ruibing said that Ever Glory remains “focused on our robust pipeline of opportunities and are well-positioned to secure further significant projects” in the coming months.
“Our integrated capabilities and proven project delivery track record continue to be key differentiators as we pursue our next phase of growth,” he added.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
Shares of Ever Glory ended 1.2 per cent or S$0.01 lower at S$0.82, before the news.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Whole deck of cards just toppled’: FoodXervices’ Nichol Ng on how a 92-year-old family business unravelled – and what’s next
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Allow flexibility on 10-year minimum occupation period for homeowners with sufficient deterrents
Keppel’s M1 sale stalls as IMDA probes alleged spectrum breaches by Simba
