King Wan Corporation

Company in the news

Lack of payment from Tiong Aik to negatively impact King Wan’s FY2024 earnings

Tiong Aik is said to owe King Wan around $3.2 million in payment.

Contracts

King Wan Corp secures $26.9 mil worth of new M&E contracts from Grand Hyatt Singapore

King Wan Corp secures $26.9 mil M&E contract from Grand Hyatt Singapore.

Construction

Contract wins: King Wan and OKP

King Wan and OKP's order books hit $154.5 million and $360.8 million respectively

Equity raising

King Wan rights issue 176.4% subscribed, raises $6.98 mil

The shares will be listed and quoted on the SGX-ST’s Mainboard at 9am on Sept 8.
King Wan share price shoots up 44%, prompting SGX query on 'unusual volume movements' - THE EDGE SINGAPORE

SGX query

King Wan share price shoots up 44%, prompting SGX query on 'unusual volume movements'

More than 33 mil King Wan shares have traded hands today, triple the monthly average volume of around 11 million.

Contracts

King Wan secures $25.2 mil worth of new M&E projects in 3Q

SINGAPORE (Nov 13): King Wan Corporation has secured new mechanical and electrical (M&E) projects in Singapore worth a total of $25.2 million for the 3Q19 from July to September, the company announced on Wednesday.

Results

King Wan Corp secures M&E contract worth $11.7 mil

SINGAPORE (Feb 11): King Wan Corporation announced that it has secured a new mechanical & electrical (M&E) project in Singapore worth $11.7 million.

Results

King Wan's 3Q earnings down 50% at $1.7 mil on lower share of associate profits

SINGAPORE (Feb 13): King Wan Corporation has announced earnings of $1.7 million for 3Q18, down 50% from its earnings of $3.4 million a year ago on lower share of profit of associates.  

King Wan Corp wins $24.9 mil in new M&E contracts

SINGAPORE (Feb 8): King Wan Corporation has secured $24.9 million worth of mechanical and electrical (M&E) projects in Singapore from Oct to Dec 2017.

Results

King Wan swings back to profitability with 2Q earnings of $1.5 mil

SINGAPORE (Nov 8): King Wan Corporation reversed out of the red in the 2Q ended September with earnings of $1.5 million, compared to a loss of $0.1 million recorded a year ago.
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