“We are very pleased that Lincotrade has been awarded the asset enhancement initiative of $35 million, which is our largest single contract to date, marking a significant milestone after our listing in August 2022,” says Tan Jit Meng, managing director of Lincotrade.
Interior fitting out service provider Lincotrade & Associates Holdings has secured an asset enhancement initiative (AEI) contract worth $35 million, bringing the group’s order book to $78.0 million for the next two years.
The contract is for an integrated development, comprising service apartments, retail mall and office spaces in Singapore. The AEI works will include interior fitting-out and refurbishment works. It is expected to be completed by June 2024.
