Wee Hur Holdings’ construction subsidiary has been awarded two new projects worth a combined contract value of about $440 million from the Housing & Development Board (HBD).
The two projects are building and contingency works for Project ER and Project FD, with a value of $203 million and $236.4 million respectively Wee Hur Construction, which is a wholly-owned subsidiary of Wee Hur Holdings, will be carrying out the works.
Wee Hur says that the projects are not expected to have any material impact on the group’s consolidated net tangible assets per share or consolidated earnings per share for the financial year ending Dec 31, 2025.
Shares in Wee Hur closed 1 cent lower or 2.326% down at 42 cents on May 19.
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