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OKP Holdings Secures Record S$258.3 Million Contract for Cycling Paths

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OKP Holdings Secures Record S$258.3 Million Contract for Cycling Paths

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OKP Holdings Limited ( (SG:5CF) ) just unveiled an update.

OKP Holdings Limited has secured a significant contract worth approximately S$258.3 million from Singapore’s Land Transport Authority to design and construct new cycling paths in the East Region. This contract, which is the largest in the company’s history, will boost OKP’s net construction order book to a record high of S$735.8 million, with projects extending until 2031, thereby strengthening its position in the infrastructure sector.

More about OKP Holdings Limited

OKP Holdings Limited is a mainboard-listed company in the infrastructure and civil engineering industry. It specializes in the design and construction of infrastructure projects, focusing on enhancing transportation networks and urban development.

Average Trading Volume: 510,023

Technical Sentiment Signal: Buy

Current Market Cap: S$219.5M

Find detailed analytics on 5CF stock on TipRanks’ Stock Analysis page.

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