OKP Holdings

Results

OKP's net profit halves but revenue rises 29.3% in FY2021

OKP Holdings' net profit halves to $1.5 million but revenue rises by 29.3% in FY2021.

Construction

Contract wins: King Wan and OKP

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

Contracts

OKP Holdings secures $57.2 mil DTSS-related contract from PUB

OKP secures $57.2 mil contract from PUB for DTSS-related works.
OKP Holdings' earnings falls by 39.4% in 1H2021 following lower government support - THE EDGE SINGAPORE

Results

OKP Holdings' earnings falls by 39.4% in 1H2021 following lower government support

Earnings per share came in at 0.32 cents, down from 0.52 cents in 1HFY20.
OKP subsidiary fined $1 mil for 2017 PIE worksite accident, jail for two employees - THE EDGE SINGAPORE

Company in the news

OKP subsidiary fined $1 mil for 2017 PIE worksite accident, jail for two employees

As at Dec 31 2020, OKP’s net construction order book stood at $254.0 million, with projects extending till 2023.
OKP Holdings exercises option to purchase properties at Kampong Bahru Road for $12.4 mil - THE EDGE SINGAPORE

Property

OKP Holdings exercises option to purchase properties at Kampong Bahru Road for $12.4 mil

The properties have a freehold tenure and comprise a pair of adjoining two-storey conservation shophouses.

M&A

OKP to acquire Tagore Lane property for $8 mil

SINGAPORE (Nov 18): OKP Holdings announced Monday it has exercised the option to purchase a property at 32 Tagore Lane off Upper Thomson Road for $8 million.

Results

OKP FY18 earnings halved to $6.5 mil on lower sales and share of profit of JVs, higher other losses

SINGAPORE (Feb 27): OKP Holdings, the infrastructure and civil engineering company, reported 4Q18 earnings of $2.7 million, bringing FY18 earnings to $6.5 million, down 49% from a year ago.

Update

OKP Holdings announces delay of pre-trial conference over PIE viaduct collapse

SINGAPORE (Jan 9): OKP Holdings’ pre-trial conference over its case for the 2017 PIE viaduct collapse, which was originally scheduled to take place on Tuesday at 3pm, has been postponed to Jan 21.

Results

OKP Holdings posts 9.3% increase in 3Q earnings to $0.81 mil

SINGAPORE (Nov 5): OKP Holdings announced 3Q18 earnings increased 9.3% to $0.81 million, compared to $0.74 million in 3Q17.
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