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Housing & Development Board (HDB)
Deals, joint ventures & alliances
Koh Brothers Eco secures $186 mil contract from HDB
Koh Brothers Eco Engineering secures new contract from HDB.
June 13, 2023
Sustainability
Sembcorp Industries hits new milestone of 500MWp for its solar portfolio in Singapore
The new milestone comes after the group was awarded the SolarNova7 project by HDB and EDB.
October 25, 2022
Bonds and treasuries
HDB to issue $800 mil in five-year green senior bonds with 4.09% p.a. coupon
The fixed-rate, senior unsecured bonds are offered in denominations of $250,000 and have a settlement date of Oct 26.
October 18, 2022
Contracts
Chip Eng Seng subsidiary becomes replacement main contractor for Marsiling Grove BTO project
Shares in Chip Eng Seng closed 0.5 cent higher or 1.21% up at 42 cents on Sept 29.
September 29, 2021
Contracts
Chip Eng Seng awarded $244.8 mil contract by HDB
The contract begins in May and will last for 52 months.
April 24, 2021
Company in the news
Chip Eng Seng unit wins $32.9 mil job from HDB
The contract is expected to contribute “positively” to Chip Eng Seng's EPS and NTA only in FY2021 ending Dec 31.
December 29, 2020
Contracts
SoilBuild Construction wins $28.3 mil contract from HDB
SINGAPORE (Jan 3): SoilBuild Construction Group has been awarded a $28.3 million contract by the Housing & Development Board (HDB) for the design and build of upgrading projects for G27D, and for contingency works.
January 03, 2019
Broker's Calls
Chip Eng Seng's HDB project provides earnings visibility well into 2021
SINGAPORE (Feb 1): DBS Vickers Securities is maintaining its “buy” call on Chip Eng Seng with a target price of $1.18 after the group announced its construction net order book had hit about $626.5 million, boosted by the award of a $168 million contra
February 01, 2018
Koyo subsidiary wins $2.6 mil HDB contract
SINGAPORE (Dec 26): Koyo International says a unit has won a contract that lifts the group’s current order book to $39.3 million.
December 26, 2017