Kwan Yong Holdings Limited (HK:9998) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Kwan Yong Holdings Limited has announced that its subsidiary has secured a substantial SGD201 million construction contract from Singapore’s Ministry of Health for a polyclinic and nursing home project, set to commence in August 2024. The contract is not expected to significantly affect the Group’s net tangible assets or earnings per share for the financial year ending June 2025. Shareholders and potential investors are urged to exercise caution when dealing in the company’s shares.
For further insights into HK:9998 stock, check out TipRanks’ Stock Analysis page.