Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
King Wan Corporation Limited ( (SG:554) ) has provided an announcement.
King Wan Corporation Limited has secured a new mechanical and electrical contract worth about S$6.4 million to undertake sanitary, plumbing and gas installation works for a 777-unit public housing development at Admiralty Lane, scheduled for completion in 2029. While the single project is not expected to materially affect earnings or net tangible assets for the year ending 31 March 2026, it strengthens the company’s project pipeline in Singapore’s public housing sector and underpins its strategy of sustaining recurring work streams across core building services alongside its diversified regional investments.
More about King Wan Corporation Limited
King Wan Corporation Limited is a Singapore-based integrated building services provider focused on mechanical and electrical engineering for the building and construction industry. The group also rents mobile chemical lavatories for worksites and public events, and holds investments in property development in China and Thailand as well as workers’ dormitory operations, pursuing a multi-country, multi-industry portfolio to diversify revenue and manage risk.
Average Trading Volume: 3,207,669
Technical Sentiment Signal: Buy
Current Market Cap: S$45.33M
See more insights into 554 stock on TipRanks’ Stock Analysis page.