Hock Lian Seng wins S$320m contract to build Aviation Park MRT station, tunnels
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CONSTRUCTION firm Hock Lian Seng Holdings has snagged a S$320 million contract from the Land Transport Authority, it said in a filing to the Singapore Exchange on Tuesday (Nov 9).
The contract, won by its wholly-owned subsidiary Hock Lian Seng Infrastructure, is for the design and construction of the Aviation Park MRT station and tunnels. Work on the project in Changi, a stop on the Cross Island Line, starts immediately.
The project is not expected to have a material impact on the group's consolidated net tangible assets per share and consolidated earnings per share for the financial year ending Dec 31, 2021.
The counter closed at 23 Singapore cents, down half a cent or 2.13 per cent, on Tuesday (Nov 9).
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