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
Add BT as a preferred source
[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.
TRENDING NOW
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Lazada cuts about 5% of workforce as part of review across South-east Asia markets
Singtel sells S$1 billion in Gulf Development shares
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
