Kwan Yong Holdings Ltd. announced that its wholly-owned subsidiary, Kwan Yong Construction Pte Ltd, has been awarded a construction contract by the Ministry of Health of Singapore. The contract, valued at approximately SGD96 million, is for the proposed development of a nursing home at Alexandra Health Campus in Singapore. Construction work is expected to commence in March 2026. The company stated that the contract was entered into in the ordinary course of business and is not expected to have any material impact on the Group’s net tangible assets or earnings per share for the financial year ending 30 June 2026. None of the company’s directors, controlling shareholders, or substantial shareholders have any interest in the contract other than their respective shareholding interests.

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