Five listed construction companies could benefit from mega Changi T5 project
Those that have a solid track record on earlier airport projects are likely to have an advantage
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[SINGAPORE] Koh Brothers Eco Engineering ’s share price spiked 14 per cent to S$0.057 a day after Jun 10, when it said a joint venture involving its subsidiary had bagged a S$999 million contract.
The Catalist-listed company last traded at this level back in November 2021.
The contract, for the construction of underground tunnels at Changi Airport Terminal 5, was awarded to a joint venture of Koh Brothers Building and Civil Engineering Contractor (KBCE) and Penta-Ocean Construction.
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