King Wan Corporation has secured a new mechanical and electrical (M&E) contract worth approximately $26.9 million for the supply, installation & commissioning of air conditioning and mechanical ventilation services for the proposed additions and alterations to Grand Hyatt Hotel Singapore.
This project is scheduled to be completed in 2023 and this contract is not expected to have any significant earnings impact for the FY2022 financial year ending Mar 31, 2022.
Shares in King Wan closed at 3.6 cents on Jan 28.
Photo: Hyatt
