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TTJ Holdings secures new contracts, raises value of order book to S$217m
STRUCTURAL steel specialist TTJ Holdings announced on Thursday it has secured a series of new contracts, raising the value of the company's order book to S$217 million.
TTJ expects to complete most of the orders in its book between FY2018 and FY2021.
Said its chairman and managing director Teo Hock Chwee: "The latest set of wins has lifted TTJ's order book to the highest on record, demonstrating our strength in the market and is also a strong encouragement for the group and an endorsement of the competitive strategy it has adopted.
"With the anticipated pickup in construction demand this year by the Singapore government, we will continue our efforts in pursuing new business opportunities which are lucrative and sustain the momentum in our order book building," he added.
TTJ shares closed at S$0.305, unchanged from the previous day.