Koh Brothers holds 30% stake in JV handling Changi's 3rd runway works
Nisha Ramchandani
Singapore
KOH Brothers, via a wholly owned subsidiary, has a 30 per cent stake in the joint venture (JV) which won the tender for the first package of works to develop a third runway at Changi Airport.
Its JV partner is Samsung C&T Corp, while the subsidiary is Koh Brothers Building & Civil Engineering Contractor. Including its share of the project, mainboard-listed Koh Brothers' current construction order book will rise to S$632 million.
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