New contract lifts Lian Beng’s Singapore construction order book to S$2.1b
DeeperDive is a beta AI feature. Refer to full articles for the facts.
A LIAN Beng Group unit has secured a new construction project which has bumped up its construction order book in Singapore to some S$2.1 billion.
This order book will provide a “sustainable flow of activity” through FY2027, the mainboard-listed company said in a regulatory filing on Tuesday (Mar 7).
Lian Beng did not give further details on the new project, nor did it provide the value of the project.
Shares of Lian Beng closed flat at S$0.53 on Tuesday before the announcement.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025