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SINGAPORE : KSH bags S$110.28m contract
Publish Date : 10-Jan-2012
KSH Holdings has won a contract worth S$110.28 million for the construction of Seastrand, a condominium development in Pasir Ris.
The contract was awarded by Precious Sand, a joint venture company between Far East Organization company and a Frasers Centrepoint Limited subsidiary.
This deal will bring the group\'s construction order book to about S$467 million, which is expected to be completed after the fiscal year ending 31 March 2014.
Under the terms of the contract, KSH will be building two blocks of 12-storey residential buildings and seven blocks of 11-storey residential buildings with a total of 473 units.
The project is for a total contract period of 30 months.
