Keong Hong Holdings

M&A

Keong Hong receives 38.4 cents general offer

As at Sept 30 2021, the company’s net asset value was 67.8 cents per share

Contracts

Keong Hong wins $69.5 mil tender to develop residential flats at Everton Road

The contract involves the construction of 1 tower of 36-storey residential flats as well as a 4-storey carpark with a basement and communal facilities.

Contracts

Keong Hong, Hyundai win joint tender for contract worth $306.6 mil to develop sports and recreation centre

Keong Hong Construction and the Singapore unit of Hyundai Engineering & Construction Co will jointly develop a sports and recreation centre for the Singapore Sports Council.

Multi-industry

ST Engineering, Haw Par, Hotel Properties win top spots for second year running

SINGAPORE (Sept 16): Even as international markets and companies are falling prey to rising volatility, Singapore Technologies Engineering is powering through the macroeconomic uncertainties — not unlike one of its new Hunter Armoured Fighting Vehicles.

Results

Keong Hong's 3Q earnings halved to $4.1 mil despite higher revenue

SINGAPORE (Aug 7): Construction and property development group Keong Hong Holdings posted earnings of $4.1 million for the 3Q19 ended June, falling 51.7% from $8.6 million a year ago.  

Deals, joint ventures & alliances

Keong Hong secures main contract works for residential flats at Farrer Road worth $25 mil

SINGAPORE (May 13): Keong Hong Holdings announced that its wholly-owned subsidiary, KH Land, has been awarded the main contract works for the proposed erection of two blocks of 12-storey residential flats (total 85 units) with basement car parks and a swi

Results

Keong Hong reports 55.5% fall in 2Q earnings to $2.14 mil

SINGAPORE (May 10): Keong Hong Holdings, the construction group and property and hotel investor and developer, reported 2Q earnings of $2.195 million, down 55.5% from a year ago.

Results

Keong Hong's 1Q earnings double to $4 mil on joint venture gain

SINGAPORE (Jan 30): Property developer Keong Hong Holdings saw its earnings double y-o-y to $4 million in 1Q19 from $1.8 million, mainly due to a $4.4 million share of gain from a joint venture company.

Results

Keong Hong posts 87% drop in 4Q earnings to $6.8 mil; declares 2 cents final dividend

SINGAPORE (Nov 28): Keong Hong Holdings, the property developer and builder, reported 4Q18 earnings fell 86.9% to $6.8 million compared to $52.1 million in 4Q17.

MOM cuts Keong Hong's 2-year ban on new foreign worker recruitment down to 6 months

SINGAPORE (June 12): Keong Hong Holdings announced Tuesday that the Ministry of Manpower (MOM) will exercise leniency and reduce the ban imposed on the group for the recruitment of new foreign workers to six months, from a debarment term of two years prev
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