Yongnam clinches record $168m subcontract

YONGNAM Holdings yesterday said that it has secured a $168 million subcontract through its wholly owned subsidiary Yongnam Engineering & Construction.

The contract is a record for the group by value, and takes Yongnam's order book to $397 million.

Under the contract, Yongnam will fabricate and construct almost 30,000 tonnes of structural steelwork for Marina One, a mixed-use development located at Marina South, Singapore's new central business district.