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Huationg Global Secures New Contracts Worth $81.3 Million
Daily Bulletin | 29 September 2015
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Huationg Global’s wholly-owned subsidiary, Huationg Contractor, has secured new civil engineering contracts from third parties worth a total of approximately $81.3 million.

The new contracts awarded include Site Clearance and Earthworks for Land Preparation at Changi Airport Terminal 5; External works for Proposed Development of Integrated Regional Hospital at Sengkang; Earthworks for Proposed Dry Docks; and Earthworks for Advanced Piling, Soil Improvement and Pile Extraction Works at Depot.

The new contracts are expected to be delivered by the group over the next three years but are not expected to have a material impact on the group’s earnings per share and/or net tangible assets per share for FY15.

Huationg Global  -- -- --   
Business: Provides civil engineering services for infrastructure projects & ancillary inland logistics support services. [FY18 Turnover] Civil engineering (87.5%), sale of construction materials (6.7%), inland logistics support (5.8%).

Insight: Mar-19, FY18 revenue rose 13.1% due to increased r... Read More


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