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GRC Limited Secures AUD36.6 Million Social Housing Contract

Story Highlights
  • GRC Limited’s subsidiary wins a AUD36.6 million contract for a social housing project.
  • The contract will positively impact GRC’s financials for the year ending June 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GRC Limited Secures AUD36.6 Million Social Housing Contract

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An announcement from OKH Global Ltd. ( (SG:S3N) ) is now available.

GRC Limited, through its subsidiary GRC Buxton Pty Ltd, has secured a significant design and construction contract worth approximately AUD36.6 million from HousingFirst Ltd for a social housing project in Balaclava, Victoria, Australia. This contract, which involves the development of a three-storey building with 68 apartments, is set to enhance the company’s portfolio in social housing projects in Australia, reflecting confidence in its capabilities. The project is expected to positively impact the company’s net tangible assets and earnings per share for the financial year ending June 2026, without materially affecting the Group’s financial position.

More about OKH Global Ltd.

Average Trading Volume: 16,751,060

Technical Sentiment Signal: Buy

Current Market Cap: S$216.7M

See more insights into S3N stock on TipRanks’ Stock Analysis page.

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