The company expects this contract to contribute positively to its net tangible assets and earnings per share for the financial year ending Dec 31, 2026.
Global Resource Construction’s (SGX:S3N
) subsidiary, Chip Eng Seng Contractors, has been awarded a civil engineering works contract valued at $95.7 million by Housing & Development Board (HDB).
The contract involves major infrastructure works at Sembawang Contract 2 and the construction period is expected to stretch across 55 months, with works scheduled to commence in the second quarter.
