Home THE DAILY EDGE Business Hock Lian Seng unit wins contract to build, operate workers’ dorm
Hock Lian Seng unit wins contract to build, operate workers’ dorm

Tags: Hock Lian Seng Holdings

Written by The Edge   
Friday, 15 January 2010 18:40
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Hock Lian Seng Holdings says wholly-owned subsidiary, Hock Lian Seng Infrastructure, has won a contract to build and operate a workers’ dormitory from SCAL Resources.

The dormitory will be located at New Industrial Road and Hougang Avenue 3. The work for building the workers’ dormitory is scheduled to start this month and, subject to the renewal of the tenancy, the term for operation of the workers’ dormitory will expire in December 2015.

The group is expected to invest $6 million, to be funded from internal resources, for the building and construction of the workers’ dormitory.

The building and construction of the workers’ dormitory is not expected to have a material financial impact on the group’s results for the current financial year ending Dec 31, 2010.

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Last Updated on Friday, 15 January 2010 18:41