KSH Holdings Limited has announced that its wholly-owned subsidiary, Kim Seng Heng Engineering Construction (Pte) Ltd, has accepted a Letter of Acceptance for a new construction project. This development boosts the Group’s construction order book in Singapore to approximately S$315m. The order book is anticipated to contribute to the Group’s financial results up to the financial year ending 31 March 2027.
The Group is actively pursuing several tenders to further increase its order book. This strategic move is part of KSH Holdings’ ongoing efforts to strengthen its market position and financial performance in the construction sector.
Choo Chee Onn, Executive Chairman and Managing Director of KSH Holdings, confirmed the update, stating that the company is committed to expanding its project portfolio. The acceptance of the new project underscores the Group’s capability and ambition to secure significant contracts within the industry.
The announcement reflects KSH Holdings’ proactive approach to business growth and its focus on enhancing shareholder value through strategic project acquisitions. As the Group continues to bid for additional projects, it aims to further solidify its presence in the Singaporean construction market.
“`