OKP Holdings Bags SG$91 Million Contract

MT Newswires08-14

OKP Holdings (SGX:5CF) secured a contract worth around SG$90.6 million from the Land Transport Authority of Singapore for the enhancement of the Dawson Road network, according to a Thursday filing with the Singapore Exchange.

The contract, which was secured by subsidiary, Or Kim Peow Contractors, includes the design and construction of the road extension and widening of the existing roads. It will also include ancillary interfacing works.

The contract will commence in August and will last for around 42 months.

Following the latest award, the construction engineering services company's order book now stands at SG$797.9 million, with contracts extending till 2031.

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