Koyo International Limited, via its wholly owned unit Koyo Engineering, has been awarded an M&E contract of around $2.6 million by the Housing and Development Board (HDB).
To commence on 15 January 2018 for a period of 21 months, the contract is expected to lift the current order book of the group to $39.3 million.
Koyo does not expect the contract to materially affect the group’s earnings per share or net tangible assets per share for the financial year ending 31 December 2017.
This article was edited by Keshia Faculin.
