OKP Holdings

Results

OKP 2Q earnings plunge 97.8% to $0.1 mil on lower construction revenue, termination of PIE viaduct project

SINGAPORE (Aug 6): OKP Holdings saw its earnings plunge 97.8% to $0.1 million for the 2Q18 ended June, from $5.0 million a year ago.

OKP group MD, employees to face charges over PIE viaduct collapse

SINGAPORE (May 17): OKP Holdings’ wholly-owned subsidiary Or Kim Peow Contractors, group managing director Or Toh Wat, project director Allen Yee and project engineer Wong Kiew Hai have been charged for alleged offences arising from a work site accident

Results

OKP posts 43.7% drop in 1Q earnings to $2.8 mil

SINGAPORE (May 7): Infrastructure and civil engineering firm OKP Holdings recorded a 43.7% decline in earnings to $2.8 million for the 1Q ended March, from $5.1 million a year ago.

Results

OKP Holdings' 4Q earnings decline by 75% to $2 mil on lower revenue

SINGAPORE (Feb 12): Construction group OKP Holdings saw its 4Q earnings decline fourfold to $2 million from $8 million a year ago on lower revenue.  

Property

OKP and partner submit winning bid of $44 mil for Chong Kuo Road land

SINGAPORE (Feb 7): OKP Holdings, the infrastructure and civil engineering company, has jointly acquired a land parcel at Chong Kuo Road near Sembawang Road.

M&A

OKP jointly acquires freehold office complex in Perth for $45.2 mil

SINGAPORE (Feb 7): OKP Holdings, the infrastructure and civil engineering group, has acquired its first overseas property in Australia.

Results

OKP Holdings' 3Q earnings down 62.4% to $742,000

SINGAPORE (Nov 7): OKP Holdings, the infrastructure and civil engineering company, announced that 3Q17 earnings dropped 62.4% to $742,000 compared to $1.98 million in 3Q16.

Selling Yongnam after stock makes substantial gains

(Aug 7): There are early signs that a recovery in the local construction sector is underway. Quite a few construction and engineering companies have announced new contracts, and some are even reporting better numbers.

Results

OKP Holdings 1H earnings double to $10 mil on higher revenue

SINGAPORE (July 31): OKP Holdings, the infrastructure and civil engineering company, announced earnings for the 1H17 ended June doubled to $10 million from $4.3 million a year ago.

Property

OKP Holdings to purchase Woodlands industrial property for $2.2 mil

SINGAPORE (July 26): Construction and road maintenance company OKP Holdings says its wholly-owned subsidiary, Or Kim Peow Contractors, has agreed to purchase a building at 7 Woodlands Industrial Park E2 from Advance-Tec Engineering for $2.2 million for in
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