Koh Brothers Eco Engineering 5HV 0.00% is pleased to announce that its wholly-owned subsidiary, Koh Brothers Building & Civil Engineering Contractor (KBCE) and its joint venture partner, LBD Engineering have been awarded a contract for the Kallang Integrated Development with the Housing & Development Board (HDB) valued at a total of $186.0 million.

The project will involve building public housing, a covered linkway alongside Lorong 1 Geylang, road expansions works, a child care centre, communal facilities, an environmental deck with fire protection system, an inter-change bus stop, improvement works between the MRT station and the bus interchange as well as landscaping works. With the group’s 10% stake in the JVCo, the contract will extend the company’s order book of $684.6 million as at Dec 31, 2022 to $703.2 million, providing visibility till 2027.

CEO Paul Shin commented on the new contract, saying: “We are delighted to have been given this opportunity to work on such an innovative, integrated public project that is located along the Kallang River, close to the Kallang MRT station. It has been a pleasure to bring our specialised construction and civil engineering skills to this project, which gives us the opportunity to capitalise on the current demand in the public sector.”

Looking ahead, the company’s order book is also supported by the ongoing mechanical, electrical and instrumentation control and automation (MEICA) works at Tuas Water Reclamation Plant. This project is expected to generate a steady maintenance income after completion in 2025.

Situated just a stone’s throw away from Lot One Shoppers’ Mall is the much sought-after Altura EC Qingjian Realty development. Consisting of a total of 662 residential units, this upcoming executive condominium is the ideal place to call home for families and professionals looking for a luxurious and comfortable living experience. Fully equipped with a comprehensive range of lifestyle facilities, residents of this luxurious development can look forward to an enhanced quality of living that is second to none.

Koh Brothers Eco’s shares closed at 3.3 cents on June 13. This article first appeared on.

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