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Phoenix Asia’s Subsidiary Secures Major Project in Hong Kong

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Phoenix Asia’s Subsidiary Secures Major Project in Hong Kong

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Phoenix Asia Holdings Ltd. ( (PHOE) ) has issued an update.

Phoenix Asia Holdings Limited announced on July 11, 2025, that its subsidiary, Winfield Engineering (Hong Kong) Limited, was awarded a significant private sector project worth approximately USD730,000. This project, set to begin in mid-July 2025, underscores the company’s expertise and capability in the industry. The CEO, Chi Kin Kelvin Yeung, expressed excitement about the project, highlighting the company’s strategy to leverage its quality track record to gain a competitive edge and expand globally, aiming to create substantial shareholder value.

More about Phoenix Asia Holdings Ltd.

Phoenix Asia Holdings Limited is a substructure contractor in Hong Kong, focusing on public and private sector projects. The company, through its subsidiary Winfield Engineering (Hong Kong) Limited, specializes in substructure works such as site formation, ground investigation, and foundation works, along with structural steelworks. It is recognized as a Registered Specialist Contractor and Certified Registered Subcontractor for various civil works.

Average Trading Volume: 155,441

See more insights into PHOE stock on TipRanks’ Stock Analysis page.

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