King Wan secures S$43.3m in M&E projects
One of which is for Jewel Changi Airport.
King Wan will commence four projects within the next six months, scheduled for completion in 2018.
According to a media release, King Wan Corporation Limited has secured four new mechanical and electrical (M&E) projects in Singapore during the period from November 2014 to December 2014, worth a total of Plumbing, sanitary and gas systems installation for Jewel Changi Airport, a commercial project that encompasses leisure, shopping, and dining facilities.
The other three projects are for Woodland N1C26 & C27, a 1,746-unit public housing development located in the Marsiling precinct; Punggol West C40, a public housing development comprising of 10 blocks of 17-storey residential building with 1 block of multi-storey car park and commercial building, precinct pavilions and community facilities; and for a proposed 1,327-unit Executive Condomium project located at Choa Chu Kang Grove.
Ms Chua Eng Eng, Managing Director of King Wan says, “The current order book of S$209 million has provided high revenue visibility for the Group which will last till the year 2018. We shall continue to consolidate and grow the Group’s M&E business and invest when there are good business opportunities.”