Keong Hong Holdings

Company in the news

Keong Hong gives notice of three years of consecutive losses

As at March 12, Keong Hong’s latest six-month average daily market capitalisation is at $35 million.

M&A

Keong Hong receives 38.4 cents general offer

As at Sept 30 2021, the company’s net asset value was 67.8 cents per share

Contracts

Keong Hong wins $69.5 mil tender to develop residential flats at Everton Road

The contract involves the construction of 1 tower of 36-storey residential flats as well as a 4-storey carpark with a basement and communal facilities.

Contracts

Keong Hong, Hyundai win joint tender for contract worth $306.6 mil to develop sports and recreation centre

Keong Hong Construction and the Singapore unit of Hyundai Engineering & Construction Co will jointly develop a sports and recreation centre for the Singapore Sports Council.

Multi-industry

ST Engineering, Haw Par, Hotel Properties win top spots for second year running

SINGAPORE (Sept 16): Even as international markets and companies are falling prey to rising volatility, Singapore Technologies Engineering is powering through the macroeconomic uncertainties — not unlike one of its new Hunter Armoured Fighting Vehicles.

Results

Keong Hong's 3Q earnings halved to $4.1 mil despite higher revenue

SINGAPORE (Aug 7): Construction and property development group Keong Hong Holdings posted earnings of $4.1 million for the 3Q19 ended June, falling 51.7% from $8.6 million a year ago.  

Deals, joint ventures & alliances

Keong Hong secures main contract works for residential flats at Farrer Road worth $25 mil

SINGAPORE (May 13): Keong Hong Holdings announced that its wholly-owned subsidiary, KH Land, has been awarded the main contract works for the proposed erection of two blocks of 12-storey residential flats (total 85 units) with basement car parks and a swi

Results

Keong Hong reports 55.5% fall in 2Q earnings to $2.14 mil

SINGAPORE (May 10): Keong Hong Holdings, the construction group and property and hotel investor and developer, reported 2Q earnings of $2.195 million, down 55.5% from a year ago.

Results

Keong Hong's 1Q earnings double to $4 mil on joint venture gain

SINGAPORE (Jan 30): Property developer Keong Hong Holdings saw its earnings double y-o-y to $4 million in 1Q19 from $1.8 million, mainly due to a $4.4 million share of gain from a joint venture company.

Results

Keong Hong posts 87% drop in 4Q earnings to $6.8 mil; declares 2 cents final dividend

SINGAPORE (Nov 28): Keong Hong Holdings, the property developer and builder, reported 4Q18 earnings fell 86.9% to $6.8 million compared to $52.1 million in 4Q17.
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