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
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
