Koyo Engineering awarded S$2.45m M&E maintenance contract
KOYO International's Koyo Engineering (S.E. Asia) has been awarded a contract of about S$2.45 million by OUB Centre Limited for the maintenance of the latter's mechanical and electrical systems at One Raffles Place.
The contract, which will commence on Jan 1, 2015 is for a period of two years, with an option to renew the contract for one year.
The contract is expected to contribute positively to the earnings of the group for the financial year ended Dec 31, 2015 and the financial year ended Dec 31, 2016.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TSMC posts first profit growth in a year after global AI boom
Latest Singapore one-year T-bill offers cut-off yield of 3.58%
Huawei starts sales of new Pura 70 smartphone amid scrutiny on chips
Binance converts its billion-dollar ‘Safu’ emergency fund into USDC
BHP to decide on future of nickel business by August, trims met coal estimates
South Korea’s LG Electronics plans to raise up to US$1 billion with dollar bonds: sources