The Business Times
business-time-50

Koon Holdings to wind up precast division

google-preferred-sourceAdd BT as a preferred source
Published Tue, Jul 14, 2020 · 09:50 PM

Singapore

KOON Holdings on Tuesday said it has decided to wind up its precast division, so as not to jeopardise the group's ongoing restructuring.

The division, which specialises in the precasting of concrete structures, includes Econ Precast Pte Ltd, Econ Precast Sdn Bhd, Contech Precast Pte Ltd, Bukit Intan Pte Ltd, Sindo-Econ Pte Ltd and PT Sindomas Precas.

koon holdingsDebt restructuringConstruction

TRENDING NOW

The new vehicles will comprise a mix of fully electric and hybrid models, including the BYD Seal 6 DM-i.

ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet

StarHub’s H1 Ebitda – excluding Ensign, a cybersecurity joint venture with Temasek – fell 23.8% for the period ended Jun 30.

Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts

Sats posted a S$75.1 million net profit for Q1, up 6% from S$70.9 million in the same year-ago period.

Sats slides 13.6% as investors dump shares on profit-margin squeeze

Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

When every phone becomes a satellite phone, what happens to Asia’s telcos?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More