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An announcement from Kwan Yong Holdings Limited ( (HK:9998) ) is now available.
Kwan Yong Holdings Limited announced that its subsidiary, Kwan Yong Construction Pte Ltd, has secured a construction contract worth approximately SGD56.5 million from the Ministry of Health of Singapore for the development of a nursing home at Bukit Purmei Avenue. The project is set to begin in December 2025. This contract is part of the company’s regular business activities and is not anticipated to significantly impact its financial metrics for the fiscal year ending June 2026, though the actual revenue may vary from the contract sum.
The most recent analyst rating on (HK:9998) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Kwan Yong Holdings Limited stock, see the HK:9998 Stock Forecast page.
More about Kwan Yong Holdings Limited
Kwan Yong Holdings Limited, incorporated in the Cayman Islands, operates in the construction industry. The company, through its subsidiary Kwan Yong Construction Pte Ltd, focuses on construction projects, with a market presence in Singapore.
Average Trading Volume: 1,415,277
Technical Sentiment Signal: Buy
Current Market Cap: HK$344M
Learn more about 9998 stock on TipRanks’ Stock Analysis page.