tiprankstipranks
Trending News
More News >

Koh Brothers Eco Secures Major Contract for Changi Airport Terminal 5

Story Highlights
  • Koh Brothers Eco secures S$999 million contract for Changi Airport’s Terminal 5.
  • The contract boosts Koh Brothers Eco’s order book to S$1.1 billion, ensuring visibility until 2029.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Koh Brothers Eco Secures Major Contract for Changi Airport Terminal 5

Confident Investing Starts Here:

Koh Brothers Eco Engineering Limited ( (SG:5HV) ) has issued an announcement.

Koh Brothers Eco Engineering Limited, through its subsidiary Koh Brothers Building & Civil Engineering Contractor, has secured a significant S$999 million contract in a joint venture with Penta-Ocean Construction Co., Ltd. for the construction of intra-terminal tunnels at Changi Airport’s new Terminal 5. This contract boosts the company’s order book to S$1.1 billion, providing operational visibility until 2029 and reinforcing its strategic partnership with Penta-Ocean, highlighting enhanced collaboration and synergy leverage.

More about Koh Brothers Eco Engineering Limited

Koh Brothers Eco Engineering Limited is a Singapore-based company listed on the SGX Catalist, specializing in sustainable engineering solutions. The company, along with its subsidiaries, focuses on providing innovative engineering services, particularly in the construction and civil engineering sectors.

Average Trading Volume: 2,377,800

Technical Sentiment Signal: Buy

Current Market Cap: S$149.4M

For detailed information about 5HV stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1