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Sang Hing Holdings Secures Major Civil Engineering Contract in Hong Kong

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Sang Hing Holdings Secures Major Civil Engineering Contract in Hong Kong

Confident Investing Starts Here:

Sang Hing Holdings (International) Ltd. ( (HK:1472) ) has issued an announcement.

Sang Hing Holdings (International) Limited announced that its wholly-owned subsidiary, Sang Hing Civil Contractors Company Limited, in a joint venture with Tapbo Civil Engineering Company Limited, has been awarded a tender for a significant civil engineering project in Kowloon East, Hong Kong. The project involves site formation and infrastructure works for public housing development in three urban squatter areas, with a contract sum of approximately HK$668 million and an expected completion date in October 2029. This development is a strategic move for the company, potentially enhancing its market position in the civil engineering sector.

More about Sang Hing Holdings (International) Ltd.

Sang Hing Holdings (International) Limited operates in the civil engineering industry, primarily focusing on site formation and infrastructure works. The company is involved in public housing development projects, particularly in urban areas of Hong Kong.

YTD Price Performance: -6.00%

Average Trading Volume: 381,590

Technical Sentiment Signal: Buy

Current Market Cap: HK$44M

For a thorough assessment of 1472 stock, go to TipRanks’ Stock Analysis page.

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