King Wan wins new $20.7m contracts

Romesh NavaratnarajahMay 29, 2015

King Wan

King Wan Corporation, a Singapore-based integrated building services company, has secured two new mechanical and electrical (M&E) projects totalling $20.7 million.

The projects comprise the supply and installation of mechanical and electrical works for a 6-storey light industrial factory at Yishun Industrial Park, as well as sanitary, plumbing, gas installation and minor sewer works for a public housing development located at Sembawang Crescent/Sembawang Way.

Both projects have commenced and are expected to be completed this year.

Commenting, Chua Eng Eng, Managing Director of King Wan said: “The current order book of $187 million has provided high revenue visibility for the Group which will last till the year 2018. We shall continue to grow the Group’s M&E business and invest when good business opportunities arise.”

 

Romesh Navaratnarajah, Singapore Editor at PropertyGuru, wrote this story. To contact him about this or other stories email romesh@propertyguru.com.sg

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