SB (TND) Investment is also a wholly-owned subsidiary of Soilbuild. As such, the Tampines North project constitutes a mandated interested person transaction (IPT).
Soilbuild Construction Group (SGX:S7P) has been awarded new contracts worth $3.6 million through its wholly-owned subsidiaries Soil-Build and Precast Concrete.
Soil-Build has secured a construction contract by SB (TND) Investment for hoarding and earthworks at an industrial development in Tampines North.
