OKP’s three business segments are construction, road-related maintenance as well as rental income from its diversification into property development and investment. Construction contributed about 69.6% to total revenue in FY2022.
CGS-CIMB Research analysts William Tng and Izabella Tan have undertaken a preliminary assessment of OKP Holdings (SGX:5CF
) in an unrated report.
Founded in 1966, OKP was listed on the Singapore Exchange in 2002. The transport infrastructure and civil engineering group’s specialties include the construction of airport runways and taxiways, expressways, flyovers, vehicular bridges and roads, the analysts note.
