Tag Archives: Construction

Mainboard-listed BBR secures S$104.2m HDB contract

Mainboard-listed BBR Holdings has secured a S$104.2-million contract from Singapore’s Housing & Development Board (HDB) to build seven blocks of flats in Yishun Neighbourhood 4.

This is the company’s first HDB contract and work is expected to begin next month.

The project will be carried out in 10 phases and is expected to complete by 2012.

The work comprises 864 homes, a Child Care Centre, a roof garden, communal amenities and site works, as well as contingency works.

With this latest win, BBR said Monday its order book for civil engineering and building projects stands at S$396 million, with projects predominantly spread out in Singapore and Malaysia.

Source : Channel NewsAsia – 17 Aug 2009

Koh Brothers posts $4.3m H1 profit

Construction, property development and specialist engineering solutions group Koh Brothers Group Limited has posted net profit of $4.3 million for the half year ended June 30, 2009, up from a net profit of $335,000 in the same year-ago period.

The improved bottomline was achieved on the back of a 17 per cent increase in revenue to $138.6 million from $118.5 million in the previous corresponding period.

Source : Business Times – 14 Aug 2009