Tiong Seng unit clinches S$69.9m contract from LTA

TIONG Seng Holdings Limited said its wholly owned subsidiary, Tiong Seng Contractors (Pte) Ltd, has been awarded a contract from the Land Transport Authority of approximately S$69.9 million for the proposed construction of a bus depot at Ulu Pandan.

The contract is not expected to have any material impact on the net tangible assets and earnings per share of the group for the current financial year ending Dec 31, 2015.