KSH bags S$146m contract to build research building for NUS

Published Mon, Mar 20, 2017 · 09:47 AM

CONSTRUCTION and property firm KSH Holdings on Monday announced that it has clinched a S$145.7 million contract from the National University of Singapore (NUS) to build a research building comprising 16 floors and a basement.

The project, which will lift KSH's order book to over S$360 million, is expected to start on April 1, 2017, and complete within 24 months.

The project is expected to progressively contribute positively to KSH's financial performance from FY2018.

On the stock market, the counter closed half a cent lower at S$0.545 on Monday before the deal was announced.

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Companies & Markets

Companies & Markets

KSH bags S$146m contract to build research building for NUS

Companies & Markets

Netflix handily beats subscriber targets, misses on revenue forecast

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

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