Sang Hing JV Secures HK$668 Million Hong Kong Public Housing Project; Shares Jump 13%

MT Newswires Live

2025/03/27

Sang Hing Holdings (International)'s (HKG:1472) joint venture with Tapbo Civil Engineering won a HK$668 million public housing project in Hong Kong, according to a Wednesday filing with the Hong Kong bourse.

Awarded by the Civil Engineering and Development Department, the contract involves site formation and infrastructure works for public housing in Cha Kwo Ling Village, Chuk Yuen United Village, and Ngau Chi Wan Village in Kowloon East.

The contract is expected to begin March 28 and will run until Oct. 30, 2029.

The civil engineering services firm's shares were up 13% in recent trading.

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