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GRC Limited Secures S$328.4 Million HDB Contract

Story Highlights
  • GRC Limited’s subsidiary won a S$328.4 million contract from the Housing & Development Board.
  • 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 S$328.4 Million HDB Contract

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OKH Global Ltd. ( (SG:S3N) ) just unveiled an update.

GRC Limited, through its wholly-owned subsidiary Chip Eng Seng Contractors (1988) Pte Ltd, has secured a significant building works contract worth approximately S$328.4 million from the Housing & Development Board. The project involves constructing five residential blocks, a multi-storey car park, precinct pavilions, and communal facilities, with a construction period of 45 months starting in late 2025. This contract is expected to positively impact GRC Limited’s net tangible assets and earnings per share for the financial year ending June 2026.

More about OKH Global Ltd.

Average Trading Volume: 23,642,737

Technical Sentiment Signal: Buy

Current Market Cap: S$304.7M

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