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Koh Brothers injects construction arm into listed subsidiary

Enlarged KB Eco will become a one-stop engineering solutions company

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"Since Koh Brothers Group acquired a stake in KB Eco, KB Eco's financials have turned profitable. . ." says Mr Koh.

Singapore

IN a move to streamline its businesses, Koh Brothers Group is injecting its construction arm Koh Brothers Building & Civil Engineering (Pte) Ltd (KBCE) into its listed subsidiary Koh Brothers Eco Engineering (KB Eco) for S$19 million.

This will allow Koh Brothers...

sentifi.com

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