Complete Property Market Updates of Singapore

April 30, 2008

Poh Lian wins $19.5m C&C project

Filed under: 1 — Propertymarketupdates @ 3:54 am

United Fiber System Limited (Unifiber) on Wednesday said its unit, Poh Lian Construction Pte Ltd, has won a $19.5 million building contract from Cycle and Carriage Industries Pte Ltd (C&C).

Poh Lian will build an additional 2nd storey to the main building, as well as the additions and alterations to the existing industrial building, involving the extension of a multi-storey carpark at Pandan Gardens.

The project is scheduled to be completed within 12 months from the contract’s commencement date.

The project is expected to contribute positively to the group but not expected to have any material impact on the group’s current year results.

The current order book including the project is about $552 million.

Source : Business Times – 23 Apr 2008


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