Home THE DAILY EDGE Business OKP wins $1.1m contract for Jurong Island reclamation works
OKP wins $1.1m contract for Jurong Island reclamation works

Tags: Okp Holdings

Written by The Edge   
Monday, 30 August 2010 12:58
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OKP Holdings, the infrastructure and civil engineering firm, today announced that it has won a $1.1 million contract for land reclamation works on Jurong Island.

OKP says the contract was awarded to its wholly-owned subsidiary, Or Kim Peow Contractors. Work on the foreshore reclamation project has already begun and is expected to be completed by the end of this year.

OKP’s gross order book stood at $312 million based on secured contracts as at 29 July 2010, with projects that last until 2013.

OKP announced record earnings of $7.8 million for its first half year ended 30 June 2010 on revenues of S$73.7 million, up from $6.8 million and $61.5 million respectively a year ago.

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Last Updated on Monday, 30 August 2010 13:08