Beng Soon Machinery Holdings Limited (the 「Company,」 together with its subsidiaries, the 「Group」) recently announced four demolition contract awards in Singapore. These projects encompass demolition of a chemical plant in Jurong Island, demolition of factory buildings for JTC, demolition of another chemical plant in western Singapore, and dismantling large industrial structures and tall chimneys at a major power station.

The power station project stands out for its technical complexity. Comprehensive safeguards are required to manage significant engineering challenges and ensure stringent environmental and safety standards.

The total revenue projected from these four contracts is estimated to exceed S$30 million, comparable to the Group’s average annual revenue over the past two years. Core project work is scheduled for completion by the end of 2026. According to the Company’s Board of Directors, these contract wins underscore the Group’s strong technical capabilities and are expected to support future business and financial performance.