BBR Holdings (S) Ltd, a prominent construction and specialised engineering group in Singapore, has successfully secured approximately S$220 million in new contracts. These contracts encompass significant infrastructure projects, including developments for the Housing & Development Board (HDB), the Cross Island MRT Line-Punggol extension, and a large-scale infrastructure project in the east. The projects are set to commence in June 2025, with completion expected by 2029.
The newly awarded contracts highlight BBR’s robust capabilities in the construction and engineering sectors. The projects include the construction of four residential blocks, a multi-storey car park, and social communal facilities at Yishun Street 31 for HDB. Additionally, BBR will undertake bored piling works for the Cross Island MRT Line-Punggol extension at Elias Station and associated tunnels, as well as participate in a large-scale infrastructure development in eastern Singapore.
Adrian Seow, CEO of BBR Holdings, stated, “As we secure these landmark projects, BBR Holdings reaffirms our commitment to supporting Singapore’s infrastructure ambitions with integrity and innovation. Our ability to win and deliver on such major contracts reflects our strong track record, skilled workforce, and unwavering focus on operational excellence.”
These projects are expected to bolster BBR’s revenue outlook over the medium term, although they are not anticipated to materially impact the consolidated net tangible assets per share or consolidated earnings per share for FY2025. BBR continues to focus on sustainable construction practices and operational excellence, aiming to create long-term value for its stakeholders.
“`
