Mainboard-listed OKP Holdings has secured a contract worth $49.6 million from the Public Utilities Board (PUB) on Aug 30.

The contract brings the group’s current net construction order book to $263.7 million, with contracts extending till 2024.

Under the terms of the contract, OKP Holdings will provide works involving the upgrading of Sungei Selarang. This includes the construction of Contiguous Bored Pile (CBP) wall, ground improvement, reinforcement concrete, and ancillary activities. The works will begin on Sept 8 and are expected to be completed by June 7, 2024.

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