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Singapore : Libra Group\'s unit secures $5million contract
Publish Date : 17-Mar-2012
Libra Group Limited on Friday said its wholly-owned subsidiary, Kin Xin Engineering Pte Ltd, had on March 6 been awarded a contract worth S$5 million from Taikisha (Singapore) Pte Ltd.
The contract, which relates to the air conditioning and mechanical ventilation system of a building at Paya Lebar I-Park Singapore.
Work is scheduled to be completed by October 2012, with a defects liability period of 12 months upon completion, or from the issuance of a completion certificate, whichever is later.
The project is not expected to have any effect on the group\'s financials for the current financial year ending Dec 31, 2012.
