OKP awarded $12.7 million JTC contract

Romesh Navaratnarajah12 Oct 2015

OKP Holdings Limited

Singapore-listed infrastructure and civil engineering company OKP Holdings has won a $12.7 million contract from JTC for the extension of road, drain and sewer works at Woodlands Avenue 4.

The project involves the construction and execution of general site clearance, road works, drainage works and sewer works.

The contract commences on 16 October and will span over two phases, with the entire project expected to complete by June 2016.

OKP also secured a $20.4 million contract from JTC in April for the construction of roads, drains and sewers and soil improvement works at Tuas South Avenue 7/14. This raises the group’s total value of projects secured in 2015 to $196.7 million.

“Going forward, we intend to strengthen our market position by continuing to leverage our wide network and explore attractive opportunities in Singapore as well as in overseas markets,” said Or Toh Wat, group managing director at OKP.

 

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

POST COMMENT

You may also like these articles

800,000 households to receive utility rebates

More than 800,000 Singaporean HDB households will receive GST Voucher - U-Save rebates this month, revealed the Ministry of Finance. Eligible households will receive a GST Vocuher - U-Save of up to

Continue Reading2 Oct 2015

Mortgage insurance 101

Not many people realize the importance of mortgage insurance, but this product could keep you and your loved ones in your home should unforeseen circumstances occur. By Praise Poh Owning a prop

Continue Reading9 Oct 2015

Oxley eyes Catalist listing for M’sian property business

Oxley Holdings revealed plans to restructure its property development business in Malaysia, and have it listed on the Catalist board of the SGX. Notably, the group announced in April 2014 its plans

Continue Reading9 Oct 2015