Koh Brothers Eco wins new contract from customer it can't disclose yet

The Edge Singapore
2024-12-17

The company had earlier won a $77.6 million contract

Koh Brothers Eco Engineering has won a new contract from an unnamed public sector customer. However, it has yet to receive approval to disclose the contract amount, and who this client is except that this win is "expected to improve its existing order book."

Ahead of this announcement after market on Dec 17, the company had called for a trading halt before market on Dec 16.

On Nov 19, the company announced it was given a $77.6 million contract from Sport Singapore to redevelop the Toa Payoh Integrated Development site, bringing its total order book to $585.7 million.

Koh Brothers Eco Engineering shares last changed hands at 4.1 cents, up 105% year to date, valuing the company at $130.95 million.

Besides its own construction business, Koh Brothers Eco holds a stake of more than 68% in separately listed Oiltek International Hqu.

Based on Oiltek's Dec 17 closing price of $1.06, Koh Brother Eco's stake is worth $103 million.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10