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An announcement from Kwan Yong Holdings Limited ( (HK:9998) ) is now available.
Kwan Yong Holdings Limited has secured a construction contract worth approximately SGD96 million from Singapore’s Ministry of Health to develop a new nursing home at Alexandra Health Campus, with work scheduled to begin in March 2026. The award, obtained in the ordinary course of business, underscores the Group’s continued role in public-sector healthcare infrastructure, though the company does not expect the project to have a material impact on its net tangible assets or earnings per share for the financial year ending 30 June 2026, and the final revenue may differ from the stated contract sum due to contingent and provisional amounts.
The most recent analyst rating on (HK:9998) stock is a Hold with a HK$0.40 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 is a Singapore-based construction group, operating through its wholly owned subsidiary Kwan Yong Construction Pte Ltd. The Group focuses on building and construction projects, primarily in the public and institutional sector, including large-scale government developments in Singapore.
Average Trading Volume: 751,475
Technical Sentiment Signal: Buy
Current Market Cap: HK$280M
Learn more about 9998 stock on TipRanks’ Stock Analysis page.