Kori Construction secures three projects worth $81.2m

The projects will positively impact the group’s earnings per share.

Kori Construction has been awarded six contracts in three projects amounting to an aggregate of $81.2m between September 2020 to January 2021, according to Catalist-listed Kori Holdings Limited.

“We are pleased to have been awarded these Projects for the various strutting, decking and sheet piling works. This affirms our long-standing proven track record we have established over the years. It also signifies the trust and confidence that our customers and partners have in us,” Kori Holdings Limited executive chairman Hooi Yu Koh said.

The projects are awarded by China Railway First Group, Shanghai Tunnel Engineering Co., and Lum Chang Building Contractors. The projects are expected to have a positive impact on the group’s earnings per share and/or net tangible assets per share for the financial year.

Kori is a Singapore-based multi-discipline engineering and construction services company principally engaged in providing civil/structural engineering and infrastructure construction services. They work for local and overseas developers in the engineering construction industry.

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