GRC Unit's JV Bags Contract Worth SG$273 Million for Road and Commuter Infra; Shares Up 3%

MT Newswires

2025/10/09

GRC (SGX:S3N) subsidiary, CES_SDC, in a joint venture with Chan & Chan Engineering, was awarded a contract worth SG$273 million, according to a Wednesday filing with the Singapore Exchange.

Shares of the company were up over 3% in Thursday trading.

The contract involves the design and construction of road and commuter infrastructure works across Singapore.

The construction period is expected to span around 48 months, with works to start this month.

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